Overall JOUT gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JOUT is only an average performer.
Besides having an excellent technical rating, JOUT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.16, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
36.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 39.80 to 41.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.06 to 38.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.93 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.70 to 43.90. This zone is formed by a combination of multiple trend lines 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 | 69.21 | NEUTRAL | JOUT is not amongst the best or worst performers 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) | 65.69 | NEUTRAL | The RSI value for JOUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests JOUT has a positive trend. |
| Stochastics (14,3) | 84.34 | OVERBOUGHT | The high Stochastics value suggests JOUT may be overbought. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for JOUT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.29 | NEUTRAL | The ADX value for JOUT suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 43.91 | 39.79 | 4.12 (9.38%) | 10.66% |
| An entry @43.91. This is a Buy Stop order right above the resistance zone. | An exit @39.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.12 points, which is 9.38%. | For a 1.00% total portfolio risk, you can invest 10.66% of your capital in this trade. |
- 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.
42.76
+0.25 (+0.59%)
JOHNSON OUTDOORS INC-A / JOUT FAQ
What is the technical rating for JOUT stock?
ChartMill assigns a technical rating of 7 / 10 to JOUT.
What is the current trend direction of JOHNSON OUTDOORS INC-A (JOUT) stock?
The current trend direction for JOHNSON OUTDOORS INC-A (JOUT) is Bullish.
What is the RSI signal for JOUT stock?
JOHNSON OUTDOORS INC-A (JOUT) has an RSI value of 65.6872. This indicates that the stock is currently neutral.
What is the short term momentum for JOHNSON OUTDOORS INC-A (JOUT) stock?
The short term momentum for JOHNSON OUTDOORS INC-A (JOUT) is positive.
Can you provide the buy/sell signal for JOHNSON OUTDOORS INC-A?
The buy/sell signal for JOHNSON OUTDOORS INC-A (JOUT) is buy as both the short term and long term trends are positive.