Closing Note
updated 2026-07-24 14:52 UTC

SJM — oversold signal, 27 Mar

long term
RSI(2)13.6
RSI(14)26.1
Close $ · flag day95.24
Off 20-day high−18.1%
Avg volume2.1M

What followed

DateClose $ 5-day avg.vs flag close
27 Mar95.2496.20+0.0%
30 Mar95.1795.55-0.1%
31 Mar96.4495.47+1.3%
01 Apr95.4995.49+0.3%
02 Apr95.4795.56+0.2%
06 Apr95.2295.56-0.0%
07 Apr94.1595.35-1.1%
08 Apr93.7994.82-1.5%
09 Apr92.4794.22-2.9%
10 Apr90.9193.31-4.5%
13 Apr89.5392.17-6.0%

The rule flags the close; the strategy's exit is the first close above the 5-day average, or six trading days, whichever comes first. Shown for research — not every flag is traded.

Research chart

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From the oversold list of 27 Mar. The freshest lists go out in the daily alert at 21:30 CET.