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Technical Analysis
- 8/31/2009 1:25:32 PM
By Chip Brian, SmarTrend Analytics Team
JM Smucker (NYSE:SJM) is trading 0.2% higher (up $0.12 to $52.02) today on volume of 160,269 shares. The stock is trading near its 52-week high of $55.41. We are watching for a close above that level.
JM Smucker is currently above its 50-day moving average of $49.96 and above its 200-day moving average of $42.99.
SmarTrend is bullish on shares of SJM and our subscribers received an Uptrend alert on March 23, 2009 at $37.08, which has returned 40.3% to date.
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