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Downtrend Call Working As Jm Smucker Co Stock Falls 11.4% (SJM)

By Amy Schwartz

SmarTrend identified a Downtrend for Jm Smucker Co (NYSE:SJM) on May 31st, 2019 at $120.56. In approximately 4 months, Jm Smucker Co has returned 11.37% as of today's recent price of $106.85.

In the past 52 weeks, shares of Jm Smucker Co have traded between a low of $91.32 and a high of $128.43 and are now at $106.85, which is 17% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.5%.

The JM Smucker Company manufactures and markets food products on a worldwide basis. The Company's principal products include peanut butter, shortening and oils, fruit spreads, canned milk, baking mixes and ready-to-spread frostings, flour and baking ingredients, juices and beverages, frozen sandwiches, dessert toppings, syrups, pickles and condiments, and potato side dishes.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Jm Smucker Co.

Log in and add Jm Smucker Co (SJM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights jm smucker co

Ticker(s): SJM