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

SJM — oversold signal, 13 Apr

long term
RSI(2)0.2
RSI(14)19.5
Close $ · flag day89.53
Off 20-day high−16.6%
Avg volume2.0M

What followed

DateClose $ 5-day avg.vs flag close
13 Apr89.5392.17+0.0%
14 Apr92.2191.78+3.0%
15 Apr93.4991.72+4.4%
16 Apr93.9492.02+4.9%
17 Apr95.5092.93+6.7%
20 Apr96.1494.26+7.4%
21 Apr95.7494.96+6.9%
22 Apr94.9995.26+6.1%
23 Apr96.1995.71+7.4%
24 Apr96.0795.83+7.3%
27 Apr95.3395.66+6.5%

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