Technical Summary: The charts of HIBB are really interesting. On the one hand you have a 5 year chart that despite some wild swings is clearly in a downtrend. The stock has moved from the top left of the screen to the bottom right. In that time period from above $55 per share to lows of around $13. The other aspect of the chart is that on the shorter time frames the price action seems to be relatively constructive. The stock put in a low at around $13 per share on Christmas eve in 2018. It is interesting to note that this low is slightly higher than the previous meaningful low. Since that time the stock has rallied above its 50 day moving average which has now turned upwards. The stock also recently gapped significantly higher on a receny positive earnings update. Since that time the stock has been volatile as it looks to consolidate those gains.