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Upgrade Alert for Dick's Sporting Goods (DKS)
[March 12, 2013]

Upgrade Alert for Dick's Sporting Goods (DKS)

Mar 12, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Dick's Sporting Goods (NYSE:DKS) was upgraded from Market Perform to Outperform at BMO Capital today. The stock closed yesterday at $45.11 on volume of 12.2 million shares, above average daily volume of 1.4 million. Dick's Sporting Goods (NYSE:DKS) has potential upside of 29.9% based on a current price of $45.11 and analysts' consensus price target of $58.62. The stock should find initial resistance at its 50-day moving average (MA) of $48.23 and further resistance at its 200-day MA of $49.17.

Dick's Sporting Goods, Inc. is a sporting goods retailer that operates stores primarily in the eastern and central United States. The Company's stores offer a broad selection of brand name sporting goods equipment, apparel, and footwear.

Over the past year, Dick's Sporting Goods has traded in a range of $44.06 to $54.24 and closed yesterday at $45.11, 2% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.


SmarTrend is monitoring the recent change of momentum in Dick's Sporting Goods. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Dick's Sporting Goods in search of a potential trend change.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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