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

SJM — oversold signal, 02 Apr

long term
RSI(2)37.0
RSI(14)29.6
Close $ · flag day95.47
Off 20-day high−15.1%
Avg volume1.9M

What followed

DateClose $ 5-day avg.vs flag close
02 Apr95.4795.56+0.0%
06 Apr95.2295.56-0.3%
07 Apr94.1595.35-1.4%
08 Apr93.7994.82-1.8%
09 Apr92.4794.22-3.1%
10 Apr90.9193.31-4.8%
13 Apr89.5392.17-6.2%
14 Apr92.2191.78-3.4%
15 Apr93.4991.72-2.1%
16 Apr93.9492.02-1.6%
17 Apr95.5092.93+0.0%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 02 Apr. The freshest lists go out in the daily alert at 21:30 CET.