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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Dick's Sporting Goods Trying To Close In On Key Technical Measure

Dick's Sporting Goods had its Relative Strength (RS) Rating upgraded from 70 to 74 Thursday — a welcome improvement, but still below the 80 or better score you prefer to see.

IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they launch their largest runs. See if Dick's Sporting Goods can continue to show renewed price strength and hit that benchmark.

Can You Really Time The Stock Market?

Dick's Sporting Goods is trying to complete a consolidation with a 239.30 buy point. See if the stock can clear the breakout price in heavy volume.

Dick's Sporting Goods reported -4% earnings growth in the latest quarterly report, while sales growth came in at 0%.

Dick's Sporting Goods earns the No. 3 rank among its peers in the Retail-Leisure Products industry group. Build-A-Bear Workshop is the top-ranked stock within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

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