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

SJM — oversold signal, 09 Apr

long term
RSI(2)1.1
RSI(14)23.9
Close $ · flag day92.47
Off 20-day high−14.7%
Avg volume1.9M

What followed

DateClose $ 5-day avg.vs flag close
09 Apr92.4794.22+0.0%
10 Apr90.9193.31-1.7%
13 Apr89.5392.17-3.2%
14 Apr92.2191.78-0.3%
15 Apr93.4991.72+1.1%
16 Apr93.9492.02+1.6%
17 Apr95.5092.93+3.3%
20 Apr96.1494.26+4.0%
21 Apr95.7494.96+3.5%
22 Apr94.9995.26+2.7%
23 Apr96.1995.71+4.0%

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