RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DKS
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Green day on Wednesday for Dick's Sporting Goods Inc stock after gaining 1.85%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Nov 01, 2023 Gain 106.60% PDF

The Dick's Sporting Goods Inc stock price gained 1.85% on the last trading day (Wednesday, 27th Mar 2024), rising from $218.54 to $222.59. During the last trading day the stock fluctuated 1.46% from a day low at $220.27 to a day high of $223.48. The price has risen in 6 of the last 10 days and is up by 18.55% over the past 2 weeks. Volume fell on the last day by -305 thousand shares and in total, 1 million shares were bought and sold for approximately $245.09 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 55.16% during the next 3 months and, with a 90% probability hold a price between $305.01 and $356.93 at the end of this 3-month period.

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DKS Signals & Forecast

The Dick's Sporting Goods Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $220.20 and $186.28. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.93%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Dick's Sporting Goods Inc stock

Dick's Sporting Goods Inc finds support from accumulated volume at $216.81 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $3.21 between high and low, or 1.46%. For the last week, the stock has had daily average volatility of 2.40%.

Our recommended stop-loss: $215.48 (-3.20%) (This stock has high daily movements and this gives high risk. The RSI14 is 80 and this increases the risk substantially. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (DKS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Dick's Sporting Goods Inc to open at $222.11, and during the day (based on 14 day Average True Range), to move between $216.50 and $228.68, which gives a possible trading interval of +/-$6.09 (+/-2.73%) up or down from last closing price. If Dick's Sporting Goods Inc takes out the full calculated possible swing range there will be an estimated 5.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $224.67 (0.93%) than the support at $216.81 (2.60%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Dick's Sporting Goods Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Dick's Sporting Goods Inc stock to perform well in the short-term.

Current score: 2.295 Buy Candidate Unchanged

Predicted Opening Price for Dick's Sporting Goods Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$222.11 ( 0.215%) $222.59

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DKS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 225.33 1.23 %
R2 224.10 0.677 %
R1 223.34 0.337 %
Current price: 222.59
Support S1 220.89 -0.766 %
S2 220.13 -1.11 %
S3 218.90 -1.66 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 224.67 0.93 %
Current price 222.59
Support S1 216.81 -2.60%
S2 211.48 -4.99%
S3 180.58 -18.87%

DKS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Mar 27, 2024 $0 0%
2 Nov 20, 2023 Dec 14, 2023 Dec 29, 2023 $1.00 0.681%
3 Aug 21, 2023 Sep 14, 2023 Sep 29, 2023 $1.00 0.92%
4 May 23, 2023 Jun 15, 2023 Jun 30, 2023 $1.00 0.756%
5 Mar 06, 2023 Mar 16, 2023 Mar 31, 2023 $1.00 0.705%

FAQ

What is the symbol for Dick's Sporting Goods Inc Stock and on which exchange is it traded?
The symbol for Dick's Sporting Goods Inc is DKS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Dick's Sporting Goods Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Dick's Sporting Goods Inc stock to perform well in the short-term.

How to buy Dick's Sporting Goods Inc Stock?
Dick's Sporting Goods Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Dick's Sporting Goods Inc Stock.

What's the current price of Dick's Sporting Goods Inc Stock?
As of the end of day on the 2024-03-27, the price of an Dick's Sporting Goods Inc (DKS) share was $222.59.

What is the 52-week high and low for Dick's Sporting Goods Inc Stock?
The 52-week high for Dick's Sporting Goods Inc Stock is $224.72 and the 52-week low is $100.98.

What is the market capitalization of Dick's Sporting Goods Inc Stock?
As of the 2024-03-27, the market capitalization of Dick's Sporting Goods Inc is 18.196B.

When is the next earnings date for Dick's Sporting Goods Inc?
The upcoming earnings date for Dick's Sporting Goods Inc is May 28, 2024.
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About Dick's Sporting Goods Inc

Dick's Sporting Goods DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. It also owns and operates Sporting Goods, Golf Galaxy, Field & Stream, Public Lands, Going Going Gone!, and other specialty concep... DKS Profile

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