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ASO — 20-Day Breakout with Volume
Status: Watch
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.
Trade framework
Position-sizing example
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
- Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
- Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
- 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.
- Time exit: Reassess or close a trade that fails to progress within the suggested holding window.
Technical chart
Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.
$1,000 educational outcome examples
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
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: Positive (High confidence)
Academy Sports and Outdoors (ASO) reported solid Q2 fiscal 2026 results, with net sales rising 3% to $1.6 billion and e-commerce increasing 12.8%. Although comparable sales declined slightly by 0.4%, the company raised its full-year gross margin and EPS forecasts, attributed to profitable growth and strategic reinvestment of a tariff refund. Institutional investors, including BlackRock and Legal & General, have increased holdings, while the stock maintains a "Moderate Buy" consensus with an average price target of $58.31. ASO also declared a $0.15 quarterly dividend, resulting in a 1.3% annual yield.
Potentially supportive context
- Net sales increased by 3% to $1.6 billion, driven by a 12.8% rise in e-commerce.
- Raised full-year gross margin and EPS forecasts, supported by strategic reinvestment of a tariff refund.
- Multiple institutional investors, such as BlackRock and Legal & General, initiated or increased their positions in ASO.
Risks and caution items
- Comparable sales declined slightly by 0.4% in Q2 fiscal 2026.
- Weakening traffic was observed among lower-income consumer demographics.
- The stock currently holds a Zacks Rank #4 (Sell) despite recent positive earnings.
- BMO Capital initiated coverage with a cautious "Market Perform" rating.
Latest reviewed article: Sep 10, 2026 2:33 pm
Recent related articles
Academy Sports and Outdoors (ASO) reported solid Q2 fiscal 2026 growth with net sales up 3% to $1.6 billion, though comparable sales slightly declined by 0.4%. E-commerce was a significant driver, increasing 12.8%. Despite weakening traffic from lower-income consumers, the company raised…
Academy Sports + Outdoors reported a strong second quarter, meeting sales expectations and slightly raising its fiscal 2026 EPS guidance. The company saw an increase in net income and sales, attributed to profitable growth and strategic reinvestment of a tariff refund. Despite…
BMO Capital has initiated coverage on Academy Sports & Outdoors Inc. (NASDAQ: ASO) with a Market Perform rating. This report is part of a premium article, requiring a subscription to StreetInsider.com for full access.
The Public Employees Retirement System of Ohio has acquired 46,869 shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO), valued at approximately $2.21 million, during the second quarter. This move makes the fund own about 0.08% of the company. Other institutional investors have…
Fund 1 Investments LLC has initiated a new $1.41 million position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by acquiring 30,000 shares in the second quarter. Other major institutional investors, including BlackRock Inc. and Dimensional Fund Advisors LP, have also established or…
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…
The Manufacturers Life Insurance Company recently acquired 30,638 shares of Academy Sports and Outdoors (NASDAQ:ASO) valued at approximately $1.44 million during the second quarter. This investment is part of a trend of several institutional investors initiating new positions in the company. Academy…
Ahead of its Q2 earnings report, Academy Sports and Outdoors (ASO) is expected to announce quarterly earnings of $2.12 per share, a 9.3% increase year-over-year, and revenues of $1.66 billion, up 3.8%. Analysts are also forecasting specific merchandise division sales, with "Outdoors"…
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.