Johnson Stock Technical Analysis

JOUT -  USA Stock  

USD 84.39  3.02  3.46%

As of the 26th of January, Johnson Outdoors retains the market risk adjusted performance of (0.32), and Risk Adjusted Performance of (0.14). Johnson Outdoors technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Johnson Outdoors, which can be compared to its competitors. Please check out Johnson Outdoors semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Johnson Outdoors is priced fairly, providing market reflects its last-minute price of 84.39 per share. Given that Johnson Outdoors has jensen alpha of (0.28), we strongly advise you to confirm Johnson Outdoors's regular market performance to make sure the company can sustain itself at a future point.

Johnson Technical Analysis 

 
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Johnson Outdoors 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 Johnson Outdoors technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Johnson Outdoors 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...

Johnson Outdoors Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Johnson Outdoors volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Johnson Outdoors Trend Analysis

Use this graph to draw trend lines for Johnson Outdoors. You can use it to identify possible trend reversals for Johnson Outdoors 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 Johnson Outdoors price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Johnson Outdoors Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Johnson Outdoors applied against its price change over selected period. The best fit line has a slop of   -0.49  , which may suggest that Johnson Outdoors market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9046.33, which is the sum of squared deviations for the predicted Johnson Outdoors price change compared to its average price change.

About Johnson Outdoors 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 Johnson Outdoors 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 Johnson Outdoors based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Johnson Outdoors stock first instead of the macroeconomic environment surrounding Johnson Outdoors. By analyzing Johnson Outdoors'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 Johnson Outdoors'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 Johnson Outdoors specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2015 2021 2022 (projected)
Long Term Debt to Equity0.03380.03880.0521
Interest Coverage103.3831.928.63

Johnson Outdoors January 26, 2022 Technical Indicators

Most technical analysis of Johnson 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Johnson Outdoors January 26, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Johnson stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please see Risk vs Return Analysis. Note that the Johnson Outdoors information on this page should be used as a complementary analysis to other Johnson Outdoors' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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 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.
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 Johnson Outdoors value 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.