J.M. Smucker Technical Analysis (NYSE:SJM)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The SJM stock chart pattern can give those who understand technical analysis an indication of which way SJM stock is headed, but cannot predict with 100% certainty as to what can happen to the J.M. Smucker stock price.
See J.M. Smucker bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of J.M. Smucker stock analysis.
J.M. Smucker Moving Average
Moving averages show the average price of SJM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for J.M. Smucker are mostly signals of long term trends and will help long term traders.
J.M. Smucker Bollinger Bands
Bollinger bands comprise of a center line usually SJM SMA, and two SJM stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. J.M. Smucker bollinger bands show that the stock price is $109.84, upper band is 116.4, lower band is 107.79, and the average is 112.1.
J.M. Smucker Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The J.M. Smucker MACD indicator can be used to identify bullish and bearish trends for the stock.
J.M. Smucker Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 36.81 is the RSI value of SJM stock.