DICK'S Sporting Goods Inc

DKS is in a high-confidence Stage 4 Decline with a bearish medium-term bias reinforced by a support failure pattern. Price is trading below declining 9/21 EMAs and 50/200 SMAs, which now act as resistance after a failed rally into the moving average cluster. Short-term timing favours immediate sell-side engagement at the EMA/SMA confluence. The long-term uptrend remains but is secondary to the dominant downtrend dynamics.

• ↑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.