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

SJM — oversold signal, 22 Jun

short term
RSI(2)1.5
RSI(14)50.4
Close $ · flag day107.19
Off 20-day high−9.0%
Avg volume1.8M

What followed

DateClose $ 5-day avg.vs flag close
22 Jun107.19112.59+0.0%
23 Jun110.47111.49+3.1%
24 Jun111.63110.62+4.1%
25 Jun112.50110.53+5.0%
26 Jun115.64111.49+7.9%
29 Jun115.89113.23+8.1%
30 Jun112.50113.63+5.0%
01 Jul114.86114.28+7.2%
02 Jul116.28115.03+8.5%
06 Jul111.66114.24+4.2%
07 Jul113.24113.71+5.6%

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