RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SJM
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JM Smucker Company (The) stock upgraded from Sell Candidate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The JM Smucker Company (The) stock price gained 1.98% on the last trading day (Wednesday, 27th Mar 2024), rising from $123.28 to $125.72. During the last trading day the stock fluctuated 1.61% from a day low at $123.81 to a day high of $125.80. The price has risen in 6 of the last 10 days and is up by 1.61% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 71 thousand more shares were traded than the day before. In total, 693 thousand shares were bought and sold for approximately $87.10 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $127.84 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -6.90% during the next 3 months and, with a 90% probability hold a price between $107.40 and $119.01 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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SJM Signals & Forecast

Mostly positive signals in the chart today. The JM Smucker Company (The) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $124.20 and $124.02. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 07, 2024, and so far it has risen 6.96%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for JM Smucker Company (The) stock

JM Smucker Company (The) finds support from accumulated volume at $125.25 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.99 between high and low, or 1.61%. For the last week the stock has had daily average volatility of 1.43%.

Our recommended stop-loss: $119.81 (-4.70%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 14 days ago.)

Trading Expectations (SJM) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect JM Smucker Company (The) to open at $125.11, and during the day (based on 14 day Average True Range), to move between $123.13 and $128.31, which gives a possible trading interval of +/-$2.59 (+/-2.06%) up or down from last closing price. If JM Smucker Company (The) takes out the full calculated possible swing range there will be an estimated 4.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $125.25 (0.37%) than the resistance at $128.16 (1.94%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is JM Smucker Company (The) stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 3.513 Buy Candidate Upgraded

Predicted Opening Price for JM Smucker Company (The) of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$125.11 ( 0.485%) $125.72

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SJM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 127.10 1.10 %
R2 126.34 0.493 %
R1 125.87 0.119 %
Current price: 125.72
Support S1 124.35 -1.09 %
S2 123.88 -1.46 %
S3 123.12 -2.07 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 131.55 4.64 %
R2 129.50 3.01 %
R1 128.16 1.94 %
Current price 125.72
Support S1 125.25 -0.374%
S2 122.64 -2.45%
S3 121.83 -3.09%

SJM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 19, 2024 Feb 15, 2024 Mar 01, 2024 $1.06 0.87%
2 Oct 19, 2023 Nov 16, 2023 Dec 01, 2023 $1.06 0.95%
3 Jul 14, 2023 Aug 17, 2023 Sep 01, 2023 $1.06 0.744%
4 Apr 18, 2023 May 11, 2023 Jun 01, 2023 $1.02 0.704%
5 Jan 20, 2023 Feb 09, 2023 Mar 01, 2023 $1.02 0.702%

FAQ

What is the symbol for JM Smucker Company (The) Stock and on which exchange is it traded?
The symbol for JM Smucker Company (The) is SJM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell JM Smucker Company (The) Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy JM Smucker Company (The) Stock?
JM Smucker Company (The) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy JM Smucker Company (The) Stock.

What's the current price of JM Smucker Company (The) Stock?
As of the end of day on the 2024-03-27, the price of an JM Smucker Company (The) (SJM) share was $125.72.

What is the 52-week high and low for JM Smucker Company (The) Stock?
The 52-week high for JM Smucker Company (The) Stock is $159.92 and the 52-week low is $107.34.

What is the market capitalization of JM Smucker Company (The) Stock?
As of the 2024-03-27, the market capitalization of JM Smucker Company (The) is 13.089B.

When is the next earnings date for JM Smucker Company (The)?
The upcoming earnings date for JM Smucker Company (The) is Jun 04, 2024.
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About JM Smucker Company (The)

JM Smucker Company (The) The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodse... SJM Profile

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