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

SJM — oversold signal, 10 Apr

long term
RSI(2)0.4
RSI(14)21.4
Close $ · flag day90.91
Off 20-day high−15.7%
Avg volume2.0M

What followed

DateClose $ 5-day avg.vs flag close
10 Apr90.9193.31+0.0%
13 Apr89.5392.17-1.5%
14 Apr92.2191.78+1.4%
15 Apr93.4991.72+2.8%
16 Apr93.9492.02+3.3%
17 Apr95.5092.93+5.0%
20 Apr96.1494.26+5.8%
21 Apr95.7494.96+5.3%
22 Apr94.9995.26+4.5%
23 Apr96.1995.71+5.8%
24 Apr96.0795.83+5.7%

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