DSW (NYSE:DSW) is one of today's biggest movers, up 1.7% to $68.29. The Dow Jones Industrial Average is now trading 0.9% higher to 12,947 and the S&P is trading 0.8% higher to 1,402.
Potential upside of 5.7% exists for DSW, based on a current level of $68.29 and analysts' average consensus price target of $72.20. The stock should discover initial support at its 50-day moving average (MA) of $65.02 and subsequent support at its 200-day MA of $57.94.
Over the past year, DSW has traded in a range of $40.54 to $69.35 and is now at $68.29, 68% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.
DSW Inc., is a specialty branded footwear retailer operating in the United States. The Company offers a wide selection of brand name and designer dress, casual, and athletic footwear for women and men.