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

SJM — oversold signal, 08 Apr

long term
RSI(2)3.8
RSI(14)26.3
Close $ · flag day93.79
Off 20-day high−15.0%
Avg volume1.9M

What followed

DateClose $ 5-day avg.vs flag close
08 Apr93.7994.82+0.0%
09 Apr92.4794.22-1.4%
10 Apr90.9193.31-3.1%
13 Apr89.5392.17-4.5%
14 Apr92.2191.78-1.7%
15 Apr93.4991.72-0.3%
16 Apr93.9492.02+0.2%
17 Apr95.5092.93+1.8%
20 Apr96.1494.26+2.5%
21 Apr95.7494.96+2.1%
22 Apr94.9995.26+1.3%

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 08 Apr. The freshest lists go out in the daily alert at 21:30 CET.