Dicks Sporting Goods stock price (DKS) inched up in the intraday levels, with positive signals from the RSI, thus retesting the resistance of $192.23, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the support of $170.72, provided it settles below the resistance of $192.23.
Trend forecast: Likely Bearish