Big Lots released their latest earnings numbers Friday morning and they were a big disappointment for analysts and investors. The share price is sharply lower so let's check the charts.
In the daily bar chart of BIG, below, we can see that the shares have been in a downtrend from June. Prices are trading below the declining 50-day moving average line. Prices are also below the declining 200-day moving average line but still not extended (oversold) when compared to this indicator.
The On-Balance-Volume (OBV) line has moved sideways the past year but trading volume looks like it has increased since December. The Moving Average Convergence Divergence (MACD) has been below the zero line for much of the past year.