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ASO — 20-Day Breakout with Volume

Status: Invalidated

Scanner score: 45.0/100

Why this was flagged

ASO was identified as a bullish technical setup based on the 20-Day Breakout with Volume pattern. The scanner found a score of 45.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest stored daily low of 49.9100 reached or fell below stop loss 51.2161.

Trade framework

Current price$54.22
Entry zone$54.22 – $54.71
Stop-loss / invalidation$51.22
Target 1$60.21
Target 2$63.21
Reward/risk2.00:1
Suggested holding windowAbout 3–10 trading days, provided price holds above the breakout area.
FoundSep 10, 2026 10:35 pm
Potential expirationSep 21, 2026 6:49 pm
Entry plan: Consider a limit order only within the displayed entry zone. If price does not enter that range, skip the trade rather than chasing it.

Position-sizing example

Reference entry$54.46
Planned risk per share$3.25
Example: $100 planned risk30 shares
Example: $250 planned risk76 shares

These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.

Exit plan

  1. Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
  2. Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
  3. Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
  4. Time exit: Reassess or close a trade that fails to progress within the suggested holding window.
See on TradingViewSee on Yahoo FinanceResearch on Morningstar

Technical chart

Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.

$40.98$46.95$52.92$58.89$64.86Target 2 $63.21Target 1 $60.21Entry high $54.71Entry low $54.22Stop $51.22May 5, 2026Sep 11, 2026
CloseSMA 20EMA 20SMA 50SMA 200Entry zoneStop-lossTargets

$1,000 educational outcome examples

Example reference entry$54.46
Example fractional shares18.36
If Target 1 is reached$1,105.54 value (+10.6%)
If Target 2 is reached$1,160.60 value (+16.1%)
If the stop-loss is reached$940.35 value (-6.0%)

These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.

Easy explanation for new investors

Why the scanner noticed this stock
A computer program looked at Academy Sports and Outdoors Inc. (ASO). It found a pattern called a "20-Day Breakout with Volume." This means the stock price recently went higher than it was in the last 20 trading days. Also, many more shares changed hands than usual. This high activity suggests many people are paying attention. The scanner gave this stock a score of 45 out of 100. This is a moderate score. It shows some positive signs, but it is not a perfect match for the rules the program uses.

What the price plan means
The plan starts watching the stock around $54.22. If the price goes up, the first goal is $60.21. The second goal is $63.21. To protect money, the plan says to stop watching if the price falls below $51.22. For every dollar you might lose in that gap, the plan aims for two dollars in potential gain. This is called a 2-to-1 reward-to-risk ratio. It helps balance the effort of tracking the stock with the possible upside.

What could make the idea fail
The Relative Strength Index, or RSI, is 74.34. This number is high. It might mean the stock has moved up quickly and is overextended. It could cool down soon. Also, a score of 45 is average. The setup is not extremely strong. If the price drops below the stop-loss level, the plan is invalid. The current situation may not last.

Important reminder
This is just educational text. It is not financial advice. Past patterns do not promise future results. Markets can change fast. Always do your own research. Never put in money you cannot afford to lose. Check for new news before making any decisions. This information is for learning only.

Recent news context

This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.

Overall context: Neutral (High confidence)

Academy Sports & Outdoors (ASO) faces mixed sentiment amid upcoming Q2 earnings. Analysts are divided, with BMO and UBS maintaining neutral or cautious ratings due to soft discretionary spending, while a consensus "Hold" rating targets $58.31. The company reported a quarterly dividend of $0.15 with a 9.1% payout ratio and reaffirmed 2026 EPS guidance. Institutional activity is split, with new positions from Legal & General and Manufacturers Life Insurance offset by a 30% reduction from Maple Rock Capital. Despite a Zacks Rank #4, ASO trades at a 7.52 P/E ratio, and options market data suggests a 7.5% potential stock move on September 9.

Potentially supportive context

  • The company declared a $0.15 quarterly dividend, resulting in a 9.1% payout ratio.
  • Institutional investors such as Legal & General and Manufacturers Life Insurance initiated new positions.
  • ASO reported $0.93 quarterly EPS, exceeding analyst expectations and maintaining a 7.52 P/E ratio.

Risks and caution items

  • UBS reiterated a Neutral rating, citing cautious industry outlooks and soft discretionary spending.
  • Maple Rock Capital Partners reduced its ASO holdings by 30.2% during the second quarter.
  • The company holds a Zacks Rank #4, indicating anticipated underperformance in the near term.

Latest reviewed article: Sep 8, 2026 8:26 pm

Recent related articles

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Announces $0.15 Quarterly DividendMarketBeat · Sep 4, 2026 · Provider label: Somewhat-Bullish

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) has announced a quarterly dividend of $0.15 per share, payable on October 14th to shareholders of record on September 16th. This translates to an annual dividend of $0.60, representing a yield of approximately 1.3%. The dividend…

Academy Sports stock may move 7.5% on Sept. 9 earningsInvesting.com · Sep 2, 2026 · Provider label: Neutral

Academy Sports & Outdoors Inc. (NYSE:ASO) stock is projected to move 7.5% on September 9 when the company releases its earnings report, according to options data compiled by Bloomberg. The sporting goods retailer has a history of exceeding options-implied moves in half…

Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.

Scanner confirmations

  • Current volume is at least 1.25x the 20-day average volume.
  • Price closed above the prior 20-day high with above-average volume.
Important: This is an automated educational screening result, not a buy recommendation. Confirm price, liquidity, earnings dates, news, and your own risk before entering any trade.
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