Closing Note
updated 2026-07-24 09:49 UTC

SJM — oversold signal, 24 Mar

long term
0.0RSI(2)
27.9RSI(14)
96.86close $ on flag day
−18.9%off 20-day high
2.9Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
24 Mar96.8699.28+0.0%
25 Mar95.3998.08-1.5%
26 Mar95.1197.02-1.8%
27 Mar95.2496.20-1.7%
30 Mar95.1795.55-1.7%
31 Mar96.4495.47-0.4%
01 Apr95.4995.49-1.4%
02 Apr95.4795.56-1.4%
06 Apr95.2295.56-1.7%
07 Apr94.1595.35-2.8%
08 Apr93.7994.82-3.2%

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 24 Mar. The freshest lists go out in the daily alert at 21:30 CET.