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

SJM — oversold signal, 18 Jun

short term
RSI(2)4.5
RSI(14)58.5
Close $ · flag day110.86
Off 20-day high−5.8%
Avg volume1.8M

What followed

DateClose $ 5-day avg.vs flag close
18 Jun110.86114.45+0.0%
22 Jun107.19112.59-3.3%
23 Jun110.47111.49-0.4%
24 Jun111.63110.62+0.7%
25 Jun112.50110.53+1.5%
26 Jun115.64111.49+4.3%
29 Jun115.89113.23+4.5%
30 Jun112.50113.63+1.5%
01 Jul114.86114.28+3.6%
02 Jul116.28115.03+4.9%
06 Jul111.66114.24+0.7%

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 18 Jun. The freshest lists go out in the daily alert at 21:30 CET.