DICK'S SPORTING GOODS INC (DKS) Stock Technical Analysis
NYSE:DKS - US2533931026 - Common Stock
227.63 USD
+4.22 (+1.89%)
227.63 USD
0 (0%)
Taking everything into account, DKS scores 8 out of 10 in our technical rating. Although DKS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month DKS has a been trading in the 202.52 - 229.39 range, which is quite wide. It is currently trading near the high of this range.
DKS has an average volume of 1379150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that DKS is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
DKS is part of the Specialty Retail industry. There are 124 other stocks in this industry, DKS did better than 64% 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.
Although DKS has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
169.49
229.91
We found 5 important support areas.
- A support zone ranging from 223.17 to 223.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @212.94 from a trend line in the daily time frame.
- A support zone ranging from 206.76 to 208.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @177.72 from a trend line in the weekly time frame.
- Support @171.20 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 | 75.4 | POSITIVE | DKS has a high relative strength, it outperformed 75.4% off all stocks 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) | UP | POSITIVE | The current price of DKS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.05 | NEUTRAL | The RSI value for DKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests DKS has a positive trend. |
| Stochastics (14,3) | 80.21 | OVERBOUGHT | The high Stochastics value suggests DKS may be overbought. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for DKS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.84 | POSITIVE | The high ADX value value for DKS suggests a strong 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 |
|---|---|---|---|
| 229.40 | 223.16 | 6.24 (2.72%) | 25.00% |
| An entry @229.40. This is a Buy Stop order right above the 10 day high. | An exit @223.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.24 points, which is 2.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
227.63
+4.22 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.89%
1 Week1.63%
2 Weeks7.76%
1 Month4.81%
3 Month36.13%
6 Month1.33%
12 Month-4.83%
2 Year95.66%
3 Year114%
5 Year320.6%
10 Year354.08%
15 Year830.24%
Volatility
ATR(14)5.64
ATR(20)%2.37%
ATR Inc-7.56%
Range Today5.56
ADR(20)4.9
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.4
Mansfield-0.05
10 Day High229.39
10 Day Low210.03
20 Day High229.39
20 Day Low202.52
52 Week High254.6
52 Week Low166.37
CS1 End223.97
CR1 StartN/A
Volume & EV
DER(3)0.71%
DER(5)-0.91%
Volume1.58M
Volume Incr23.9%
Vol(5)1.41M
Vol(50)1.38M