Auto-detected technical analysis for SJM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
SJM is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.
A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $127.37 (+9.9%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; SJM's own bullish pennants have hit 0.0%.
New to this pattern? What a bullish pennant is and how to trade it →
SJM's most recent completed bullish pennant resolved as a loss: it broke higher on Jul 17, 2026 near $117.52, then was stopped out at $117.50 on Aug 3, 2026 — a -0.00R move (0.0%) over 11 sessions. Across 128 backtested bullish pennants, this setup wins 50.8% of the time.
Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on SJM's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Bullish Pennant | Jul 17, 2026 @ $117.52 | Aug 3, 2026 @ $117.50 | Loss | +0.00R |
| Falling Wedge | Jan 8, 2026 @ $97.62 | Feb 17, 2026 @ $106.22 | Win | +2.50R |
| Falling Wedge | Nov 6, 2025 @ $107.01 | Nov 25, 2025 @ $100.38 | Loss | -1.03R |
| Bullish Pennant | Oct 16, 2025 @ $106.24 | Nov 25, 2025 @ $100.38 | Loss | -1.04R |
| Triangle | Jun 9, 2025 @ $111.85 | Jun 10, 2025 @ $100.40 | Win | +3.04R |
| Triangle | May 22, 2025 @ $110.91 | Jun 10, 2025 @ $99.23 | Win | +2.48R |
| Triangle | May 8, 2025 @ $112.02 | Jun 10, 2025 @ $97.69 | Win | +3.01R |
| Triangle | Apr 24, 2025 @ $114.68 | Jun 10, 2025 @ $101.70 | Win | +3.16R |
| Triangle | Oct 28, 2024 @ $115.82 | Nov 15, 2024 @ $107.32 | Win | +1.36R |
| Triangle | Oct 22, 2024 @ $117.49 | Nov 15, 2024 @ $109.49 | Win | +1.74R |
| Triangle | Oct 15, 2024 @ $121.10 | Oct 29, 2024 @ $113.79 | Loss | -1.27R |
| Triangle | Oct 3, 2024 @ $118.40 | Nov 15, 2024 @ $109.77 | Win | +2.03R |
A chance to go short showed up on the weekly chart about a week ago: price ran up to $119.39 — a level traders often watch as a target (100% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
Nearest auto-detected support sits near $118.20, resistance near $140.25. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $116.41 | $119.62 | $115.64 | $119.17 |
| Aug 3, 2026 | $119.83 | $121.38 | $117.17 | $117.50 |
| Jul 31, 2026 | $120.68 | $121.40 | $119.00 | $119.26 |
| Jul 30, 2026 | $123.79 | $124.67 | $121.60 | $122.21 |
| Jul 29, 2026 | $123.53 | $127.65 | $123.40 | $126.35 |
| Jul 28, 2026 | $123.26 | $125.42 | $121.97 | $123.04 |
| Jul 27, 2026 | $118.16 | $121.67 | $117.52 | $121.05 |
| Jul 24, 2026 | $116.08 | $118.42 | $115.89 | $118.32 |
| Jul 23, 2026 | $116.57 | $117.11 | $114.56 | $115.71 |
| Jul 22, 2026 | $117.47 | $118.14 | $115.94 | $118.05 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.