DICK S SPORTING GOODS INC

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DKS
ISIN:

DICK S SPORTING GOODS INC - Daily - Technical analysis published on 10/04/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 205.59 USD

My targets

222.45 USD (+2.56%)

237.96 USD (+9.71%)

My analysis

The bullish trend is currently very strong on DICK S SPORTING GOODS INC. As long as the price remains above the support at 205.59 USD, you could try to benefit from the boom. The first bullish objective is located at 222.45 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 237.96 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by robby1966. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DICK S SPORTING GOODS INC rating is 216.89 USD. The price registered an increase of +4.52% on the session and was traded between 212.00 USD and 217.75 USD over the period. The price is currently at +2.31% from its lowest and -0.39% from its highest.

212.00

217.75

216.89

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of DICK S SPORTING GOODS INC indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	181.89	193.63	205.59	216.89	222.45	237.96
Change (%)	-16.14%	-10.72%	-5.21%	-	+2.56%	+9.71%
Change	-35.00	-23.26	-11.30	-	+5.56	+21.07
Level	Minor	Major	Major	-	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	198.17	200.29	203.91	206.03	209.65	211.77	215.39
Camarilla	205.94	206.47	206.99	207.52	208.05	208.57	209.10
Woodie	198.91	200.67	204.65	206.41	210.39	212.15	216.13
Fibonacci	200.29	202.49	203.84	206.03	208.23	209.58	211.77

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	181.11	193.88	201.51	214.28	221.91	234.68	242.31
Camarilla	203.53	205.40	207.27	209.14	211.01	212.88	214.75
Woodie	178.54	192.60	198.94	213.00	219.34	233.40	239.74
Fibonacci	193.88	201.67	206.49	214.28	222.07	226.89	234.68

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	157.63	179.47	194.09	215.93	230.55	252.39	267.01
Camarilla	198.67	202.02	205.36	208.70	212.04	215.38	218.73
Woodie	154.01	177.67	190.47	214.13	226.93	250.59	263.39
Fibonacci	179.47	193.40	202.01	215.93	229.86	238.47	252.39

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.74
MACD (12,26,9):	-1.7500
Directional Movement:	9.84
AROON (14):	-28.57
DEMA (21):	210.56
Parabolic SAR (0,02-0,02-0,2):	224.65
Elder Ray (13):	3.16
Super Trend (3,10):	222.51
Zig ZAG (10):	217.49
VORTEX (21):	0.9500
Stochastique (14,3,5):	31.78
TEMA (21):	208.82
Williams %R (14):	-39.26
Chande Momentum Oscillator (20):	5.77
Repulse (5,40,3):	4.7200
ROCnROLL:	1
TRIX (15,9):	-0.1200
Courbe Coppock:	0.40

MA7:	210.08
MA20:	211.25
MA50:	214.67
MA100:	212.12
MAexp7:	211.01
MAexp20:	212.73
MAexp50:	213.58
MAexp100:	208.54
Price / MA7:	+3.24%
Price / MA20:	+2.67%
Price / MA50:	+1.03%
Price / MA100:	+2.25%
Price / MAexp7:	+2.79%
Price / MAexp20:	+1.96%
Price / MAexp50:	+1.55%
Price / MAexp100:	+4.00%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on DICK S SPORTING GOODS INC at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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