Academy Stock Technical Analysis

ASODelisted Stock  USD 51.83  1.18  2.33%   
As of the 27th of January, Academy Sports shows the risk adjusted performance of 0.1323, and Mean Deviation of 2.38. Academy Sports Outdo technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Academy Sports OutdoorsInc, which can be compared to its rivals. Please confirm Academy Sports Outdo coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Academy Sports Outdo is priced correctly, providing market reflects its regular price of 51.83 per share. Given that Academy Sports has jensen alpha of 0.3893, we suggest you to validate Academy Sports OutdoorsInc's prevailing market performance to make sure the company can sustain itself at a future point.

Academy Sports Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Academy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Academy
Academy Sports' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Academy Sports Analyst Consensus

Target PriceAdvice# of Analysts
56.25Strong Buy8Odds
Academy Sports OutdoorsInc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Academy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Academy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Academy Sports Outdo, talking to its executives and customers, or listening to Academy conference calls.
Academy Analyst Advice Details
Academy Sports technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Academy Sports technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Academy Sports trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Academy Sports Outdo Technical Analysis

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Academy Sports Outdo Trend Analysis

Use this graph to draw trend lines for Academy Sports OutdoorsInc. You can use it to identify possible trend reversals for Academy Sports as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Academy Sports price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Academy Sports Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Academy Sports OutdoorsInc applied against its price change over selected period. The best fit line has a slop of   0.20  , which may imply that Academy Sports OutdoorsInc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1540.78, which is the sum of squared deviations for the predicted Academy Sports price change compared to its average price change.

About Academy Sports Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Academy Sports OutdoorsInc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Academy Sports OutdoorsInc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Academy Sports Outdo price pattern first instead of the macroeconomic environment surrounding Academy Sports Outdo. By analyzing Academy Sports's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Academy Sports's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Academy Sports specific price patterns or momentum indicators. Please read more on our technical analysis page.

Academy Sports January 27, 2023 Technical Indicators

Most technical analysis of Academy 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 Academy from various momentum indicators to cycle indicators. When you analyze Academy charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Please continue to Trending Equities. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Tools for Academy Stock

When running Academy Sports Outdo price analysis, check to measure Academy Sports' 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 Academy Sports is operating at the current time. Most of Academy Sports' value examination focuses on studying past and present price action to predict the probability of Academy Sports' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Academy Sports' price. Additionally, you may evaluate how the addition of Academy Sports to your portfolios can decrease your overall portfolio volatility.
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