DOLLAR GENERAL CORP (DG) Technical Analysis
NYSE:DG • US2566771059
Current stock price
131.84 USD
-4.11 (-3.02%)
At close:
131.073 USD
-0.77 (-0.58%)
After Hours:
DG Technical Rating and Analysis
Overall DG gets a technical rating of 6 out of 10. In the last year, DG was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month DG has a been trading in the 128.84 - 158.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, DG did better than 88% of all other stocks. On top of that, DG also shows a nice and consistent pattern of rising prices.
- DG is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 75% of 38 stocks in the same industry.
- DG has an average volume of 3181190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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 an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DG Support and Resistance Analysis
111.53
153.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 131.83 to 131.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 145.43 to 149.21. 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 | UP | POSITIVE | The long term trend for DG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DG is down. |
| ChartMill Relative Strength | 88.69 | POSITIVE | DG has a high relative strength, it outperformed 88.69% off all stocks 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 | POSITIVE | The current price of DG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.57 | OVERSOLD | The low RSI value suggests DG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.39 | NEGATIVE | The MACD value suggests DG has a negative trend. |
| Stochastics (14,3) | 17.93 | OVERSOLD | The low Stochastics value suggests DG may be oversold. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for DG suggests some volalility. |
| Average Directional Index/ADX (14) | 27.92 | POSITIVE | The high ADX value value for DG suggests a strong trend. |
DG Chart- and CandleStick Pattern Analysis
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)
DG Technicals: Chart, Performance Metrics, Trend & Indicators
131.84
-4.11 (-3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-3.02%
1 Week-9.89%
2 Weeks-15.62%
1 Month-11.25%
3 Month-1.03%
6 Month26.28%
12 Month66.84%
2 Year-15.52%
3 Year-37.36%
5 Year-34.93%
10 Year54.02%
15 Year320.54%
Volatility
ATR(14)5.32
ATR(20)%4.07%
ATR Inc132.09%
Range Today4.85
ADR(20)5.03
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.69
3 months CRS54.01
6 months CRS89.31
Mansfield1.14
10 Day High156.88
10 Day Low128.84
20 Day High158.23
20 Day Low128.84
52 Week High158.23
52 Week Low78.1
CS1 End131.83
CR1 Start145.43
Volume & EV
DER(3)1.5%
DER(5)-0.37%
Volume3.77M
Volume Incr74.21%
Vol(5)4.66M
Vol(50)3.18M
DOLLAR GENERAL CORP / DG TA FAQ
Can you provide the ChartMill technical rating for DOLLAR GENERAL CORP?
ChartMill assigns a technical rating of 6 / 10 to DG.
Can you provide the trend direction for DOLLAR GENERAL CORP?
The current trend direction for DOLLAR GENERAL CORP (DG) is Bullish.
What is the RSI signal for DOLLAR GENERAL CORP (DG) stock?
DOLLAR GENERAL CORP (DG) has an RSI value of 26.5732. This indicates that the stock is currently oversold.
Can you provide the MACD signal for DOLLAR GENERAL CORP?
The MACD indicator for DOLLAR GENERAL CORP (DG) has a value of -2.39091, indicating a bearish trend.
What is the buy/sell signal for DG stock?
The buy/sell signal for DOLLAR GENERAL CORP (DG) is hold as the short term and long term trends are mixed.