tradethepoolpool ads

Trading J.m. Smucker $SJM With Integrated Risk Controls

Longer Term Trading Plans for SJM
  • Buy SJM slightly over 149.83 target 158.35 stop loss @ 149.4 Details
  • The technical summary data tells us to buy SJM near 149.83 with an upside target of 158.35. This data also tells us to set a stop loss @ 149.4 to protect against excessive loss in case the stock begins to move against the trade. 149.83 is the first level of support below 153.1 , and by rule, any test of support is a buy signal. In this case, support 149.83 would be being tested, so a buy signal would exist.

  • Short SJM slightly under 158.35, target 149.83, stop loss @ 158.81 Details
  • The technical summary data is suggesting a short of SJM as it gets near 158.35 with a downside target of 149.83. We should have a stop loss in place at 158.81though. 158.35 is the first level of resistance above 153.1, and by rule, any test of resistance is a short signal. In this case, if resistance 158.35 is being tested, so a short signal would exist.

Swing Trading Plans for SJM
  • Buy SJM slightly over 155.03, target 158.35, Stop Loss @ 154.58 Details
  • If 155.03 begins to break higher, the technical summary data tells us to buy SJM just slightly over 155.03, with an upside target of 158.35. The data also tells us to set a stop loss @ 154.58 in case the stock turns against the trade. 155.03 is the first level of resistance above 153.1, and by rule, any break above resistance is a buy signal. In this case, 155.03, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short SJM slightly near 155.03, target 151.43, Stop Loss @ 155.48. Details
  • The technical summary data is suggesting a short of SJM if it tests 155.03 with a downside target of 151.43. We should have a stop loss in place at 155.48 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 155.03, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for SJM
  • Buy SJM slightly over 153.47, target 155.03, Stop Loss @ 153.11 Details
  • If 153.47 begins to break higher, the technical summary data tells us to buy SJM just slightly over 153.47, with an upside target of 155.03. The data also tells us to set a stop loss @ 153.11 in case the stock turns against the trade. 153.47 is the first level of resistance above 153.1, and by rule, any break above resistance is a buy signal. In this case, 153.47, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short SJM slightly near 153.47, target 151.43, Stop Loss @ 153.83. Details
  • The technical summary data is suggesting a short of SJM if it tests 153.47 with a downside target of 151.43. We should have a stop loss in place at 153.83 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 153.47, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Real Time Updates are available on our J.m. Smucker (SJM) Page here: SJM.

SJM Ratings for June 17:

Term →Near Mid Long
Rating Strong Neutral Strong
P1 0 0 149.83
P2 151.35 151.43 158.35
P3 153.47 155.03 166.56
Triggers may have already come
Get Real Time Triggers Here
Support and Resistance Plot Chart for SJM

SJM Long Term Analysis for June 17 2023

Blue = Current Price
Red= Resistance
Green = Support

Real Time Updates for Repeat Institutional Readers:
Instructions:
  • Click the Get Real Time Updates button below.

  • In the login prompt, select forgot username

  • Type the email you use for Factset

  • Use the user/pass you receive to login

  • You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Our Market Crash Leading Indicator isEvitar Corte.
  • Evitar Corte warned of market crash risk four times since 2000.

  • It identified the Internet Debacle before it happened.

  • It identified the Credit Crisis before it happened.

  • It identified the Corona Crash too.

  • See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The J.m. Smucker (NYSE: SJM) report below can help you, but we have more details too. The trading plans for SJM, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.