ACADEMY SPORTS & OUTDOORS IN (ASO) Stock Technical Analysis
USA - NASDAQ:ASO - US00402L1070 - Common Stock
46.47 USD
-1.55 (-3.23%)
46.47 USD
0 (0%)
We assign a technical rating of 0 out of 10 to ASO. ASO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ASO is a bad performer in the overall market: 82% of all stocks are doing better.
ASO is part of the Specialty Retail industry. There are 123 other stocks in this industry, of which 64% are performing better than ASO.
In the last month ASO has a been trading in the 46.45 - 57.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ASO has an average volume of 1482200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ASO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASO is lagging the market.
The technical rating of ASO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
46.01
56.90
We can see 3 important resistance areas.
- A resistance zone ranging from 50.87 to 51.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @53.59 from a trend line in the weekly time frame.
- A resistance zone ranging from 55.77 to 56.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ASO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASO is down. |
| ChartMill Relative Strength | 18.56 | NEGATIVE | ASO has a low relative strength, it was outperformed by 81.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ASO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.63 | NEUTRAL | The RSI value for ASO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests ASO has a negative trend. |
| Stochastics (14,3) | 3.94 | OVERSOLD | The low Stochastics value suggests ASO may be oversold. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for ASO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for ASO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
46.47
-1.55 (-3.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3.23%
1 Week-8.63%
2 Weeks-13.4%
1 Month-15.22%
3 Month6.7%
6 Month3.04%
12 Month-21.25%
2 Year-1.69%
3 Year10.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.98
ATR(20)%4.22%
ATR Inc-38.17%
Range Today1.4
ADR(20)1.89
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.56
Mansfield-1.51
10 Day High53.83
10 Day Low46.45
20 Day High57.43
20 Day Low46.45
52 Week High64.61
52 Week Low33.34
CS1 EndN/A
CR1 Start50.87
Volume & EV
DER(3)1.93%
DER(5)1.22%
Volume1.87M
Volume Incr-14.72%
Vol(5)1.39M
Vol(50)1.48M