• Return to Headlines

Jm Smucker Co Rises 1.07% on Heavy Volume: Watch For Potential Pullback

By Amy Schwartz

Jm Smucker Co (NYSE:SJM) traded in a range yesterday that spanned from a low of $121.51 to a high of $123.05. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $122.56 on volume of 158,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Jm Smucker Co share prices have moved between a 52-week high of $157.31 and a 52-week low of $114.31 and are now trading 7% above that low price at $122.73 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.3%.

SmarTrend is tracking the current trend status for Jm Smucker Co and will alert subscribers who have SJM in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders jm smucker co

Ticker(s): SJM