Meanwhile, Lake Street downgraded its Big 5 Sporting Goods Corp [BGFV] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Deutsche Bank also remained covering BGFV and has decreased its forecast on August 02, 2017 with a “Hold” recommendation from previously “Buy” rating. Deutsche Bank maintained its rating on November 02, 2016. It rated BGFV as “a Buy”.
Price Performance Review of BGFV
On Tuesday, Big 5 Sporting Goods Corp [NASDAQ:BGFV] saw its stock jump 51.49% to $1.53. Over the last five days, the stock has gained 67.84%. Big 5 Sporting Goods Corp shares have fallen nearly -14.53% since the year began. Nevertheless, the stocks have fallen -54.33% over the past one year. While a 52-week high of $4.10 was reached on 01/07/25, a 52-week low of $0.80 was recorded on 04/07/25. SMA at 50 days reached $0.9466, while 200 days put it at $1.5790.
Levels Of Support And Resistance For BGFV Stock
The 24-hour chart illustrates a support level at 1.1000, which if violated will result in even more drops to 0.6700. On the upside, there is a resistance level at 1.8700. A further resistance level may holdings at 2.2100. The Relative Strength Index (RSI) on the 14-day chart is 84.81, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2002, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.04%. Stochastics %K at 78.92% indicates the stock is a holding.
