DICK'S SPORTING GOODS INC (DKS) Stock Technical Analysis
NYSE:DKS - New York Stock Exchange, Inc. - US2533931026 - Common Stock - Currency: USD
Taking everything into account, DKS scores 7 out of 10 in our technical rating. In the last year, DKS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
In the last month DKS has a been trading in the 170.72 - 215.74 range, which is quite wide. It is currently trading near the high of this range.
DKS has an average volume of 1810810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DKS outperforms 41% of them, which is more or less in line with the market.
DKS is part of the Specialty Retail industry. There are 121 other stocks in this industry, DKS did better than 51% of them.
DKS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DKS is lagging the market.
DKS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
169.49
216.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 206.88 to 209.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @178.42 from a trend line in the daily time frame.
- A support zone ranging from 171.20 to 172.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @210.00 from a horizontal line in the weekly time frame.
- Resistance @214.64 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DKS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DKS is up. |
| ChartMill Relative Strength | 41.68 | NEUTRAL | DKS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DKS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DKS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DKS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.02 | NEUTRAL | The RSI value for DKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.19 | POSITIVE | The MACD value suggests DKS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.22 | OVERBOUGHT | The high Stochastics value suggests DKS may be overbought. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for DKS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.72 | NEUTRAL | The ADX value for DKS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 210.01 | 206.87 | 3.14 (1.50%) | 25.00% |
| An entry @210.01. This is a Buy Stop order right above the resistance zone. | An exit @206.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.14 points, which is 1.50%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DKS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
209.99
-4.64 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.16%
1 Week1.82%
2 Weeks7.2%
1 Month13.63%
3 Month12.94%
6 Month-8.63%
12 Month-5.26%
2 Year48.93%
3 Year124.37%
5 Year360.3%
10 Year311.91%
15 Year698.14%
Volatility
ATR(14)6.8
ATR(20)%2.95%
ATR Inc-7.43%
Range Today5.32
ADR(20)5.66
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.68
Mansfield-0.67
10 Day High215.74
10 Day Low197.54
20 Day High215.74
20 Day Low170.73
52 Week High254.6
52 Week Low166.37
CS1 End209.98
CR1 Start210
Volume & EV
DER(3)1.55%
DER(5)0.94%
Volume1.26M
Volume Incr-19.25%
Vol(5)1.27M
Vol(50)1.81M