DICK'S SPORTING GOODS INC (DKS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DKS - US2533931026 - Common Stock
Taking everything into account, DKS scores 1 out of 10 in our technical rating. DKS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, DKS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 211.32, a Stop Loss order could be placed below this zone.
More info and screens
199.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 206.56 to 211.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 201.83 to 202.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 213.94 to 218.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @227.84 from a horizontal line in the daily time frame.
- A resistance zone ranging from 232.23 to 234.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for DKS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DKS is down. |
| ChartMill Relative Strength | 31.05 | NEUTRAL | DKS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DKS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DKS is below a declining 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) | 46.69 | NEUTRAL | The RSI value for DKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests DKS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.98 | OVERSOLD | The low Stochastics value suggests DKS may be oversold. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for DKS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.62 | NEGATIVE | The low ADX value for DKS suggests a weak or negative trend. |
212.14
+2.07 (+0.99%)
DICK'S SPORTING GOODS INC / DKS FAQ
What is the technical rating for DKS stock?
ChartMill assigns a technical rating of 1 / 10 to DKS.
Can you provide the trend direction for DICK'S SPORTING GOODS INC?
The current trend direction for DICK'S SPORTING GOODS INC (DKS) is Bearish.
Can you provide the RSI signal for DICK'S SPORTING GOODS INC?
DICK'S SPORTING GOODS INC (DKS) has an RSI value of 46.6874. This indicates that the stock is currently neutral.
What is the MACD signal for DKS stock?
The MACD indicator for DICK'S SPORTING GOODS INC (DKS) has a value of -0.539651, indicating a bearish trend.
What is the short term momentum for DICK'S SPORTING GOODS INC (DKS) stock?
The short term momentum for DICK'S SPORTING GOODS INC (DKS) is negative.