JOHNSON OUTDOORS INC-A (JOUT) Stock Technical Analysis
NASDAQ:JOUT - Nasdaq - US4791671088 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to JOUT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JOUT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
JOUT is one of the better performing stocks in the Leisure Products industry, it outperforms 93% of 31 stocks in the same industry.
A new 52 week high is currently being made by JOUT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month JOUT has a been trading in the 30.35 - 39.58 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that JOUT is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although JOUT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.40
39.69
When analyzing the support we notice one important area.
- A support zone ranging from 31.72 to 31.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for JOUT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JOUT is up. |
| ChartMill Relative Strength | 85.88 | POSITIVE | JOUT has a high relative strength, it outperformed 85.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JOUT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JOUT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JOUT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.28 | OVERBOUGHT | The high RSI value suggests JOUT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests JOUT has a positive trend. |
| Stochastics (14,3) | 87.89 | OVERBOUGHT | The high Stochastics value suggests JOUT may be overbought. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for JOUT suggests some volalility. |
| Average Directional Index/ADX (14) | 42.97 | POSITIVE | The high ADX value value for JOUT suggests a strong 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)
39.3
+0.24 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.61%
1 Week17.63%
2 Weeks20.18%
1 Month22.97%
3 Month49.26%
6 Month35.75%
12 Month8.32%
2 Year-29.71%
3 Year-35.72%
5 Year-54.15%
10 Year56.76%
15 Year294.98%
Volatility
ATR(14)1.68
ATR(20)%3.95%
ATR Inc94.43%
Range Today2.23
ADR(20)1.45
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.88
Mansfield1.72
10 Day High39.58
10 Day Low31.78
20 Day High39.58
20 Day Low30.35
52 Week High39.58
52 Week Low21.33
CS1 End31.88
CR1 StartN/A
Volume & EV
DER(3)0.8%
DER(5)-0.22%
Volume92.18K
Volume Incr90.44%
Vol(5)120.40K
Vol(50)68.93K