Academy Sports and Outdoors Inc

In a Stage 4 decline, ASO remains under bearish control with clear lower highs and lower lows beneath the down-sloping 50- and 200-day moving averages. The recent short-term repair into the EMA zone has stalled at major resistance without a decisive rejection. Medium-term bias stays bearish; selling should be deferred into the SMA resistance area and timed on a visible rejection.

• ↑Q1 2026 sales rose 6.7% to $1.44B; comps +2.9%.
• ↑Plans to add 20–25 new stores in FY26; recent openings outperformed.
• ↓High gas prices are draining $17.5B monthly from discretionary budgets.