Johnson Outdoors Stock Momentum Indicators Average Directional Movement Index

JOUT Stock  USD 42.78  0.38  0.90%   
Johnson Outdoors momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Johnson Outdoors. Johnson Outdoors value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Johnson Outdoors are pattern recognition functions that provide distinct formation on Johnson Outdoors potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The average directional index (ADX) measures the strength of a prevailing trend of Johnson Outdoors and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Johnson Outdoors ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Johnson Outdoors Technical Analysis Modules

Most technical analysis of Johnson Outdoors help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Johnson from various momentum indicators to cycle indicators. When you analyze Johnson charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Johnson Outdoors Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Johnson Outdoors. We use our internally-developed statistical techniques to arrive at the intrinsic value of Johnson Outdoors based on widely used predictive technical indicators. In general, we focus on analyzing Johnson Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Johnson Outdoors's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Johnson Outdoors's intrinsic value. In addition to deriving basic predictive indicators for Johnson Outdoors, we also check how macroeconomic factors affect Johnson Outdoors price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Dividend Yield0.02280.02350.0246
Price To Sales Ratio0.830.690.48
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Johnson Outdoors' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
40.6242.5844.54
Details
Intrinsic
Valuation
LowRealHigh
38.5054.1956.15
Details
0 Analysts
Consensus
LowTargetHigh
79.1787.0096.57
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.121.121.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Johnson Outdoors. Your research has to be compared to or analyzed against Johnson Outdoors' peers to derive any actionable benefits. When done correctly, Johnson Outdoors' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Johnson Outdoors.

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When determining whether Johnson Outdoors is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Outdoors Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Outdoors Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Outdoors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Johnson Stock analysis

When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.
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Is Johnson Outdoors' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Johnson Outdoors. If investors know Johnson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Johnson Outdoors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
1.26
Earnings Share
1.71
Revenue Per Share
61.262
Quarterly Revenue Growth
(0.22)
The market value of Johnson Outdoors is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Outdoors' value that differs from its market value or its book value, called intrinsic value, which is Johnson Outdoors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Johnson Outdoors' market value can be influenced by many factors that don't directly affect Johnson Outdoors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Johnson Outdoors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Outdoors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Outdoors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.