Do Traders Think DICK'S Sporting Goods Inc (DKS) Can Turn Around Tuesday?

DICK'S Sporting Goods Inc (DKS) stock is down 6.42% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

DICK'S Sporting Goods Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DKS!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With DKS Stock Today?

DICK'S Sporting Goods Inc (DKS) stock is trading at $131.99 as of 1:52 PM on Tuesday, May 16, a loss of -$6.07, or -4.4% from the previous closing price of $138.06. The stock has traded between $131.73 and $136.14 so far today. Volume today is 1,348,199 compared to average volume of 1,141,204.

More About DICK'S Sporting Goods Inc

Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 730 stores under its namesake brand (including outlet stores), and about 130 specialty stores under the Golf Galaxy, Public Lands, and Field & Stream names. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack. Click Here to get the full Stock Report for DICK'S Sporting Goods Inc stock.