DICK'S SPORTING GOODS INC (DKS) Stock Technical Analysis
NYSE:DKS • US2533931026
Taking everything into account, DKS scores 0 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DKS is a bad performer in the overall market: 77% of all stocks are doing better.
- DKS is one of the lesser performing stocks in the Specialty Retail industry. 60% of 121 stocks in the same industry do better.
- In the last month DKS has a been trading in the 198.00 - 216.85 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- DKS has an average volume of 1213620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
Although the technical rating is bad, DKS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 201.83, a Stop Loss order could be placed below this zone.
More info and screens
195.98
When analyzing the support we notice one important area.
- A support zone ranging from 197.96 to 201.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 203.22 to 208.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 227.84 to 232.84. 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 | DOWN | NEGATIVE | The long term trend for DKS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DKS is down. |
| ChartMill Relative Strength | 23.46 | NEGATIVE | DKS has a low relative strength, it was outperformed by 76.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DKS is below a declining 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) | UP | MIXED | The current price of DKS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.74 | NEUTRAL | The RSI value for DKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DKS has a positive trend. |
| Stochastics (14,3) | 42.01 | NEUTRAL | The Stochastics value for DKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for DKS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.26 | NEGATIVE | The low ADX value for DKS suggests a weak or negative trend. |
202.74
-0.07 (-0.03%)
DICK'S SPORTING GOODS INC / DKS FAQ
What is the technical rating for DKS stock?
ChartMill assigns a technical rating of 0 / 10 to DKS.
What is the current trend direction of DICK'S SPORTING GOODS INC (DKS) stock?
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 46.7393. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DICK'S SPORTING GOODS INC?
The MACD indicator for DICK'S SPORTING GOODS INC (DKS) has a value of 0.0738448, indicating a bearish trend.
Can you provide the short term momentum for DICK'S SPORTING GOODS INC?
The short term momentum for DICK'S SPORTING GOODS INC (DKS) is negative.