Dicks Sporting Goods stock price (DKS) kept falling in the intraday levels, confirming the breach of the important support of $192.23, and after previously piercing the main upward trend line in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels.

Therefore we expect more losses for the stock, targeting the support of $165.75, provided it settles below $192.23.

Trend forecast: Bearish