JOHNSON OUTDOORS INC-A (JOUT) Stock Technical Analysis
USA - NASDAQ:JOUT - US4791671088 - Common Stock
40.87 USD
-1.1 (-2.62%)
40.87 USD
0 (0%)
We assign a technical rating of 9 out of 10 to JOUT. Both in the recent history as in the last year, JOUT has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 90% of 33 stocks in the same industry.
JOUT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month JOUT has a been trading in the 37.30 - 42.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that JOUT is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, JOUT also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for JOUT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
36.08
42.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.66 to 40.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @39.01 from a horizontal line in the daily time frame.
- A support zone ranging from 36.44 to 37.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 40.88 to 42.38. 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 | 81.46 | POSITIVE | JOUT has a high relative strength, it outperformed 81.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JOUT is below 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) | 56.18 | NEUTRAL | The RSI value for JOUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests JOUT has a negative trend. |
| Stochastics (14,3) | 76.91 | NEUTRAL | The Stochastics value for JOUT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for JOUT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.79 | NEGATIVE | The low ADX value for JOUT 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.39 | 40.65 | 1.74 (4.10%) | 24.36% |
| An entry @42.39. This is a Buy Stop order right above the resistance zone. | An exit @40.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.74 points, which is 4.10%. | For a 1.00% total portfolio risk, you can invest 24.36% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of JOUT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
40.87
-1.1 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-2.62%
1 Week0.49%
2 Weeks0.15%
1 Month2.07%
3 Month39.82%
6 Month64.86%
12 Month9.6%
2 Year-25.27%
3 Year-20.35%
5 Year-50.09%
10 Year93.7%
15 Year218.8%
Volatility
ATR(14)1.43
ATR(20)%3.61%
ATR Inc13.12%
Range Today2.04
ADR(20)1.46
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.46
Mansfield1.62
10 Day High42.48
10 Day Low39.83
20 Day High42.88
20 Day Low37.3
52 Week High42.88
52 Week Low21.33
CS1 End40.85
CR1 Start40.88
Volume & EV
DER(3)14.39%
DER(5)8.32%
Volume69.90K
Volume Incr-27.77%
Vol(5)35.70K
Vol(50)60.51K