DICK'S Sporting Goods Inc

DKS remains in a confirmed Stage 4 decline with a bearish medium-term bias reinforced by the Bearish Pivot Point and Lower Highs & Lower Lows patterns. Price trades below all declining EMAs with heavier down-volume, and despite extreme oversold readings, no reversal or exhaustion signals have emerged. Immediate sell-side participation is favored as rallies into declining EMAs are likely to fail.

• ↑Q1 revenue up 62.7% YoY to $5.16 B, comps +6%.
• ↑Foot Locker integration expected to drive incremental 1.5–3% sales growth.
• ↓Gross margin declined 328 bps YoY to 33.42%, pressuring profitability.