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Based on the 15-minute chart of J. M. Smucker's, recent technical indicators have signaled a potential downturn in the stock price. Specifically, the MACD and KDJ indicators have both triggered "death crosses," which suggests that the momentum of the stock price is shifting towards the downside and may continue to decline in the near term. Investors should be cautious and monitor the stock's performance closely.
J. M. Smucker (SJM) has been making headlines recently due to a lawsuit against Trader Joe’s over alleged trademark infringement tied to its Uncrustables line, according to a . This legal move comes amidst ongoing cost pressures and the fallout from the Hostess Brands acquisition, which has left investors cautious. The company’s one-year total shareholder return stands at -10%, with operating margins squeezed and share price volatility observed.Daily stocks & crypto headlines, free to your inbox
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