DSW's stock is up 0.4% to $68.36 on heavy trading volume. About 623,000 shares have been traded today, as compared to the 30-day average volume of 486,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.
DSW share prices have moved between a 52-week high of $69.35 and a 52-week low of $40.54 and are now trading 69% above that low price at $68.36 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.
DSW has overhead space with shares priced $68.36, or 9.7% below the average consensus analyst price target of $75.73. 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.
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.
