J M Smucker Co

SJM is in a Stage 2 advancing phase, confirmed by higher highs and higher lows and reinforced by a Bullish Pivot Point signaling downside control failure. The recent pullback into rising 9EMA and 21EMA held support and has bounced cleanly, offering a favorable buy-now entry for continuation. Medium-term bias remains bullish, though the long-term trend is sideways, suggesting the need for confirmation on sustained gains.

• ↑Q2 revenue hit $2.01 B (+3% YoY) led by 41% Café Bustelo growth
• ↑Uncrustables nearing $1 B in sales, boosting on-the-go segment
• ↓Sweet Baked Snacks forecast cut from 4% to 3% on weak profitability