NEW YORK (TheStreet) -- The shares of Buffalo Wild Wings (BWLD) have had some big swings, up and down, but the charts and indicators suggest that the recent decline may not be over.

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BWLD lost nearly $50 this month, gapping lower yesterday. With hindsight, we can see that BWLD made a higher high in September from August, but the On-Balance-Volume line failed to confirm the price action with its own higher high.

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This chart, above, of BWLD suggests it will retest the $140-$120 support area. BWLD broke down below its 40-week moving average. The On-Balance-Volume line is weakening on this timeframe, and the Moving Average Convergence Divergence oscillator is making a bearish cross from a lower high than vs. the price pattern. A fair amount of repair work is needed before BWLD looks better on the chart.