Technical Analysis for JOAN - JOANN, Inc.

Grade Last Price % Change Price Change
F 0.10 -11.91% -0.01
JOAN closed down 11.91 percent on Wednesday, March 27, 2024, on 3.03 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Volume Surge Other 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -11.91%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 18 hours ago
2x Volume Pace about 19 hours ago
1.5x Volume Pace about 19 hours ago
3x Volume Pace about 19 hours ago
5x Volume Pace about 19 hours ago

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Profile

JOANN, Inc. Description

JOANN Inc. operates as a specialty retailer of sewing, and arts and crafts category products in the United States. Its products in sewing category include cotton fabrics; warm fabrics, such as fleece and flannel fabrics; home decorating and utility fabrics and accessories; fashion and sportswear fabrics; special occasion fabrics; seasonally themed and licensed fabric designs; and sewing supplies, including cutting implements, threads, zippers, trims, tapes, pins, elastic, and buttons, as well as patterns for sewing projects. The company's products in arts and crafts, home decor, and other category comprise yarn and yarn accessories, and needlecraft kits and supplies; paper crafting components; craft materials; fine art materials; sewing machines, craft technology, lighting, irons, organizers, and other products; artificial floral products; seasonal decor and entertaining products; home decor accessories; ready-made frames; related books and magazines; and non-merchandise products. JOANN Inc. offers products through retail stores, as well as online. As of February 1, 2020, it operated 867 retail stores in 49 states. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. JOANN Inc. was founded in 1943 and is based in Hudson, Ohio.


Classification

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Retail Store Textiles Visual Arts Crafts Sewing

Is JOAN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

M

Mihalo141516 about 1 year ago

curious to hear anyone's opinion on bankruptcy risk for JOAN. 

0 Reply
T

TraderMike about 1 year ago

Its bankruptcy would have made my late mother really sad...  I knew nothing of JOANS' woes until I saw your comment.  The headlines & what I just saw on StockTwits sure doesn't breed confidence.  Perhaps they can survive if interest rates stop rising. 🤷

0 Reply
M

Mihalo141516 about 1 year ago

Is this your site? Dude amazing!

0 Reply
T

TraderMike about 1 year ago

Yes, it’s my creation. Thanks!

0 Reply
M

Mihalo141516 about 1 year ago

Earnings for JOAN today. Wish I could say I feel better but I don't. My research tells me its undervalued but the price action has me shaking in my boots. I'll post a summary of the results this evening. 

1 Reply

View full discussion...

Indicators

Indicator Value
52 Week High 2.19
52 Week Low 0.082
Average Volume 1,428,590
200-Day Moving Average 0.71
50-Day Moving Average 0.39
20-Day Moving Average 0.22
10-Day Moving Average 0.15
Average True Range 0.05
RSI (14) 24.24
ADX 47.75
+DI 10.43
-DI 38.40
Chandelier Exit (Long, 3 ATRs) 0.40
Chandelier Exit (Short, 3 ATRs) 0.22
Upper Bollinger Bands 0.44
Lower Bollinger Band 0.01
Percent B (%b) 0.21
BandWidth 193.42
MACD Line -0.09
MACD Signal Line -0.08
MACD Histogram -0.0051
Fundamentals Value
Market Cap 4.06 Million
Num Shares 41.9 Million
EPS -5.81
Price-to-Earnings (P/E) Ratio -0.02
Price-to-Sales 0.01
Price-to-Book 3.09
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.12
Resistance 3 (R3) 0.12 0.11 0.12
Resistance 2 (R2) 0.11 0.10 0.11 0.12
Resistance 1 (R1) 0.10 0.10 0.11 0.11 0.12
Pivot Point 0.09 0.09 0.09 0.09 0.09
Support 1 (S1) 0.09 0.09 0.09 0.09 0.08
Support 2 (S2) 0.08 0.08 0.08 0.08
Support 3 (S3) 0.07 0.08 0.08
Support 4 (S4) 0.07