Academy Sports and Outdoors Inc

In a Stage 4 decline, ASO remains under bearish control with clear lower highs and lower lows beneath declining EMAs and DMAs. The recent short-term recovery into the 9/20 EMA zone has stalled below the 50-day moving average, indicating resistance. Medium-term bias remains bearish; trimming into the 50-day resistance area on a visible rejection is advised.

• ↑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.