DOLLAR GENERAL CORP (DG) Stock Technical Analysis
NYSE:DG - US2566771059 - Common Stock
112.4 USD
-0.09 (-0.08%)
112 USD
-0.4 (-0.36%)
Taking everything into account, DG scores 5 out of 10 in our technical rating. Although DG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, DG is a bad performer in the overall market: 64% of all stocks are doing better.
DG is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 69% of 40 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DG is lagging the market slightly.
DG has an average volume of 2795760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DG has a been trading in the 104.50 - 117.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, DG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 108.75, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
103.85
117.48
2 important support areas can be observed.
- A support zone ranging from 107.56 to 108.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @104.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 113.36 to 116.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DG is neutral. |
| ChartMill Relative Strength | 36.11 | NEUTRAL | DG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.81 | NEUTRAL | The RSI value for DG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DG has a negative trend. |
| Stochastics (14,3) | 51.02 | NEUTRAL | The Stochastics value for DG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for DG suggests some volalility. |
| Average Directional Index/ADX (14) | 16.95 | NEGATIVE | The low ADX value for DG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
112.4
-0.09 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.08%
1 Week-0.33%
2 Weeks-3.37%
1 Month4.5%
3 Month10.86%
6 Month46.56%
12 Month-9.06%
2 Year-18.84%
3 Year-52.66%
5 Year-44.32%
10 Year50.89%
15 Year311.57%
Volatility
ATR(14)2.69
ATR(20)%2.38%
ATR Inc-6.24%
Range Today2.38
ADR(20)2.59
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.11
Mansfield1.53
10 Day High117.48
10 Day Low111.37
20 Day High117.95
20 Day Low104.5
52 Week High125.42
52 Week Low66.43
CS1 End108.75
CR1 Start113.36
Volume & EV
DER(3)-2.76%
DER(5)-0.37%
Volume2.43M
Volume Incr-4.33%
Vol(5)2.56M
Vol(50)2.80M