Johnson Outdoors

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Donchian Channels



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 38 11.5 0.61% 1.21% 2.8% -2.8% 11.9%
SHORT 37 9.7 0.54% 1.18% 3.0% -6.2% -45.4%


Technical Analysis

Johnson Outdoors (JOUT)



Last Signal:


Trading: HOLD @ $82.03
Signal Strength: STRONG

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.

Johnson Outdoors (NASDAQ:JOUT) is currently bullish highlighting the potential for a short term trend continuation in the upward direction.

The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.

Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;

PROFILE: Johnson Outdoors (JOUT)

Stock Exchange: NASDAQ
Company: Johnson Outdoors
Ticker Codes: | JOUT | NASDAQ:JOUT |

About Johnson Outdoors (NASDAQ:JOUT):

Johnson Outdoors Inc. designs, manufactures, and markets outdoor equipment, diving, watercraft, and marine electronics products worldwide. The company's Fishing segment offers battery-powered fishing motors for trolling or primary propulsion, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing. This segment sells its products under the Minn Kota, Humminbird, and Cannon brands through outdoor specialty and Internet retailers, retail store chains, marine products distributors, original equipment manufacturers, and distributors. Its camping segment offers consumer, commercial, and military tents and accessories; sleeping bags; camping furniture and stoves; other recreational camping products; and portable outdoor cooking systems, as well as acts as a subcontract manufacturer for other providers of military tents. This segment sells its products under the Eureka! and Jetboil brands through independent sales representatives and Internet retailers. The company's Watercraft Recreation segment provides kayaks, canoes, personal flotation devices, and paddles through independent specialty and outdoor retailers under the Ocean Kayaks, Old Town, and Carlisle brands. Its diving segment manufactures and markets underwater diving and snorkeling equipment, including regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels, and accessories under the SCUBAPRO brand name. This segment also provides regular maintenance, product repair, diving education, and travel program services; and sells diving gear to dive training centers, resorts, public safety units, and armed forces. It sells its products through specialty dive stores, as well as through Websites. Johnson Outdoors Inc. was founded in 1970 and is headquartered in Racine, Wisconsin.

Top 10:

Donchian Channels

Company Close Change(%) Volume Value Signal
WVE WAVE Life Sciences 25.88 4.3 316,648 30.99 BULLISH
PBPB Potbelly Corp 5 4.2 238,378 47.66 BULLISH
CRIS Curis Inc 1.49 4.2 119,223 47.78 BULLISH
ZIOP Ziopharm Oncology 5.43 4 2,164,531 20 BULLISH
ACIU AC Immune 5.92 3.7 87,466 32.62 BULLISH
BJRI Bj'S Restaurants Inc 42.91 3.5 535,384 38.94 BULLISH
ELGX Endologix Inc 7.58 2.3 79,221 10.94 BULLISH
GOGO Gogo Inc 4.42 2.3 789,497 30.52 BULLISH
INWK Innerworkings Inc 4.12 2.1 30,801 16.79 BULLISH
CLNE Clean Energy Fuels 2.61 2 473,766 47.76 BULLISH