DOLLAR GENERAL CORP (DG) Technical Analysis
NYSE:DG • US2566771059
Current stock price
DG Technical Rating and Analysis
Taking everything into account, DG scores 1 out of 10 in our technical rating. DG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- DG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- DG has an average volume of 3175880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, DG outperforms 55% of them, which is more or less in line with the market.
- DG is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 44% of 37 stocks in the same industry.
- DG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DG is lagging the market slightly.
DG Weekly and Daily overview Charts
DG Setup Rating and Analysis
DG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 118.93, a Stop Loss order could be placed below this zone.
More info and screens
DG Support and Resistance Analysis
114.45
When analyzing the support we notice one important area.
- A support zone ranging from 115.61 to 118.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 119.76 to 121.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 123.48 to 125.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @151.73 from a horizontal line in the daily time frame.
DG Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for DG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DG is down. |
| ChartMill Relative Strength | 55.08 | NEUTRAL | DG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.55 | NEUTRAL | The RSI value for DG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests DG has a positive trend. |
| Stochastics (14,3) | 48.14 | NEUTRAL | The Stochastics value for DG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for DG suggests some volalility. |
| Average Directional Index/ADX (14) | 39.51 | POSITIVE | The high ADX value value for DG suggests a strong trend. |
DG Chart- and CandleStick Pattern Analysis
DG Technicals: Chart, Performance Metrics, Trend & Indicators
119.75
-3.3 (-2.68%)
DOLLAR GENERAL CORP / DG TA FAQ
Can you provide the ChartMill technical rating for DOLLAR GENERAL CORP?
ChartMill assigns a technical rating of 1 / 10 to DG.
Can you provide the trend direction for DOLLAR GENERAL CORP?
The current trend direction for DOLLAR GENERAL CORP (DG) is Bearish.
Can you provide the RSI signal for DOLLAR GENERAL CORP?
DOLLAR GENERAL CORP (DG) has an RSI value of 37.5478. This indicates that the stock is currently neutral.
What is the short term momentum for DOLLAR GENERAL CORP (DG) stock?
The short term momentum for DOLLAR GENERAL CORP (DG) is negative.
What is the support and resistance level for DG stock?
DOLLAR GENERAL CORP (DG) has a support level at 118.93 and a resistance level at 119.76. Check the full technical report for our detailed analysis of DG support and resistance levels.