Jm Smucker(SJM)

Jm Smucker (SJM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SJM · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$118.05last close · Jul 22, 202652-week range $88.25$119.39 · 1.12% below the high
Bullish Pennant · playing out now

SJM just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

As long as price stays above $107.5, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $127.4 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

SJM Bullish Pennant Pattern

SJM is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$127.44Projected move+9.9%Breakout level$116.80

New to this pattern? What a bullish pennant is and how to trade it →

How Bullish Pennants Have Performed

Win rate
57.3%
Avg return
+0.82R
Backtested trades
3,749
SJM win rate
14.3%

Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.

How these backtests work →

SJM Pattern Trade History

Every completed pattern trade our nightly backtest found on SJM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeNov 6, 2025 @ $107.01Nov 25, 2025 @ $100.38Loss+9.9% · -1.03R
Bullish PennantSep 24, 2025 @ $109.97Nov 25, 2025 @ $100.38Loss+14.4% · -1.02R
TriangleJun 10, 2025 @ $105.00Jun 11, 2025 @ $101.50Win+8.6% · +0.33R
TriangleMay 19, 2025 @ $113.78Jun 10, 2025 @ $94.41Loss+11.7% · -4.39R
TriangleMay 9, 2025 @ $111.82Jun 10, 2025 @ $97.85Win+13.8% · +2.81R
TriangleApr 24, 2025 @ $114.68Jun 10, 2025 @ $102.47Win+12.5% · +2.97R
TriangleApr 7, 2025 @ $112.34Jun 10, 2025 @ $101.07Win+13.9% · +1.34R
TriangleOct 14, 2024 @ $116.64Nov 15, 2024 @ $109.78Win+7.5% · +1.26R
TriangleOct 3, 2024 @ $118.40Nov 15, 2024 @ $109.77Win+8.4% · +2.03R
TriangleOct 1, 2024 @ $121.71Oct 29, 2024 @ $113.79Loss+8.8% · -1.25R
TriangleSep 20, 2024 @ $119.23Nov 13, 2024 @ $110.35Win+8.3% · +2.52R
TriangleSep 18, 2024 @ $121.52Oct 7, 2024 @ $116.18Loss+8.2% · -1.22R

Bullish Pennant Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about bullish pennant

SJM Support and Resistance Levels

Price is being turned away at a ceiling near $118.23 and starting to slide. On the weekly chart, the next floor below sits near $106.72 — about 10% away.

  • Traders commonly watch $106.72 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $118.23 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

SJM Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$117.47$118.14$115.94$118.05
Jul 21, 2026$113.47$116.20$112.95$115.75
Jul 20, 2026$111.99$113.35$111.62$112.50
Jul 17, 2026$115.95$117.55$111.51$112.01
Jul 16, 2026$110.03$114.03$109.94$113.97
Jul 15, 2026$107.87$110.55$107.45$109.02
Jul 14, 2026$110.06$110.49$108.08$108.81
Jul 13, 2026$112.75$113.82$110.10$110.53
Jul 10, 2026$110.76$111.81$110.02$111.60
Jul 9, 2026$111.10$112.52$110.20$110.87

SJM Frequently Asked Questions

What chart pattern is SJM forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Jm Smucker (SJM) on the daily chart, with a measured-move target of $127.44.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on SJM is a bullish pattern, projecting a measured-move target of $127.44. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.
What is the price target if SJM's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $127.44 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SJM's closing price on Jul 22, 2026?
Jm Smucker (SJM) last closed at $118.05 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.