Johnson Outdoors Stock Technical Analysis

Johnson Outdoors Analyst Consensus

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

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

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   0.03  , 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 44.94, which is the sum of squared deviations for the predicted Johnson Outdoors price change compared to its average price change.

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.

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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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.

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 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.