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Takip Edin: @UscMarketsSJM Stock Forecast & The J. M. Chart Analysis
This article provides a detailed analysis of SJM-The J. M. stock including a forecast for SJM shares. It features The J. M. Smucker Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
SJM Historical Data Review
SJM Current Price Performance Analysis
The The J. M. - SJM stock traded on the American stock market, on 06-05-2024, closed at 110.33$ with a %-1.23 decreased compared to the previous day.
In the last month, the price of SJM changed by %-2.16 decreased in value, from 112.77 dollars on 05-06-2024 to 110.33 dollars, decreased.
Last year, the price of SJM was 146.23 dollars on 06-06-2023, and changed by %-24.55 decreased in value, to 110.33 dollars decreased within a year.
The price of The J. M. stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
SJM with AI Stock Forecast & Price Target
On the SJM chart The J. M. price was recorded as 110.33 Dollars on 06/05/2024.
The artificial intelligence's forecast on SJM stock is as follows.
The artificial intelligence's prediction error margin for SJM stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for The J. M. stock over the next 4 months is: 96.2 Dollars.
The commentary on SJM stock Target Price: Highest: 116.011 Dollars is predicted.
The commentary on SJM stock Target Price: Lowest: 71.826 Dollars is predicted.
Resistance Price where The J. M. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 105.724 |
| 12-12-2024 | 97.532 |
Support Price where The J. M. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 104.960 |
| 11-22-2024 | 96.829 |
The commentary on SJM stock: The target price can generally be said to be on the decline.
The commentary on SJM stock: Fluctuations in the target price can be expected in the coming days.
The target price for The J. M. stock by the end of 2024 is predicted to be 94.947 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SJM stock, and the 2024 target price predictions for The J. M. are detailed above.
The technical analysis and charts for the commentary on SJM stock are below.
SJM Support & Resistance and Trend Analysis
SJM stock you have reviewed the technical analysis support resistance charts regarding.
SJM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SJM review, the The J. M. support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
The J. M. Support and Resistance Prices:
| SJM Support Level Price | SJM Resistance Level Price |
|---|---|
| 106.32 | 113.94 |
| 107.33 | 117.40 |
| 107.75 | 119.90 |
| 109.38 | 127.15 |
| 111.59 | 127.93 |
| 116.94 | 131.37 |
| 121.45 | 132.73 |
| 123.85 | 134.62 |
| 126.89 | |
| 127.38 |
SJM Technical Analysis: SMA, RSI, MACD
Upon reviewing the SJM chart, buy and sell signals have been generated in the The J. M. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for SJM stock are as follows:- SJM technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for The J. M. gave a 'Buy' signal when the RSI was at 28.588, with the current RSI value at 37.484.
- The technical analysis for SJM indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for The J. M. issued a 'Buy' signal when the MACD was at -1.359, with the current MACD value being: -1.323
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for The J. M. stock: Click here to read more predictions on Molson Coors Beverage stock.
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