JOHNSON OUTDOORS INC-A (JOUT) Stock Technical Analysis
NASDAQ:JOUT - Nasdaq - US4791671088 - Common Stock - Currency: USD
Overall JOUT gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. JOUT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, JOUT is a bad performer in the overall market: 75% of all stocks are doing better.
JOUT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JOUT is lagging the market.
JOUT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
JOUT is part of the Leisure Products industry. There are 30 other stocks in this industry, JOUT did better than 62% of them.
JOUT has an average technical rating and also the quality of the setup is only medium 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
25.75
38.47
We found 2 important support areas.
- A support zone ranging from 26.87 to 27.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.01 to 26.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 27.57 to 27.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.97 from a trend line in the weekly time frame.
- Resistance @33.07 from a trend line in the weekly time frame.
- Resistance @38.09 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for JOUT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JOUT is up. |
| ChartMill Relative Strength | 25.81 | NEGATIVE | JOUT has a low relative strength, it was outperformed by 74.19% 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) | DOWN | NEGATIVE | The current price of JOUT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.81 | NEUTRAL | The RSI value for JOUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests JOUT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.9 | NEUTRAL | The Stochastics value for JOUT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for JOUT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.54 | NEUTRAL | The ADX value for JOUT suggests a possible start of a new 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)
27.48
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-0.04%
1 Week1.4%
2 Weeks0.7%
1 Month16.59%
3 Month2.16%
6 Month-18.36%
12 Month-24.48%
2 Year-51.59%
3 Year-57.83%
5 Year-64.59%
10 Year14.64%
15 Year91.1%
Volatility
ATR(14)1.15
ATR(20)%4.31%
ATR Inc21.94%
Range Today0.49
ADR(20)1.07
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.81
Mansfield-1.71
10 Day High28.57
10 Day Low25.53
20 Day High28.57
20 Day Low22.02
52 Week High43.13
52 Week Low21.33
CS1 End27.27
CR1 Start27.57
Volume & EV
DER(3)-5.25%
DER(5)-2.25%
Volume50.40K
Volume Incr18.72%
Vol(5)49.06K
Vol(50)43.10K