DOLLAR GENERAL CORP (DG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DG - US2566771059 - Common Stock
We assign a technical rating of 7 out of 10 to DG. In the past year, DG was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although DG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
94.98
3 important support areas can be observed.
- Support @108.98 from a trend line in the weekly time frame.
- A support zone ranging from 101.61 to 103.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 95.94 to 98.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 113.84 to 113.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 116.32 to 116.32. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for DG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DG is up. |
| ChartMill Relative Strength | 85.34 | POSITIVE | DG has a high relative strength, it outperformed 85.34% off all stocks 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) | 66.11 | NEUTRAL | The RSI value for DG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests DG has a positive trend. |
| Stochastics (14,3) | 92.09 | OVERBOUGHT | The high Stochastics value suggests DG may be overbought. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for DG suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for DG suggests a weak or negative trend. |
109.49
+0.72 (+0.66%)
DOLLAR GENERAL CORP / DG FAQ
Can you provide the ChartMill technical rating for DOLLAR GENERAL CORP?
ChartMill assigns a technical rating of 7 / 10 to DG.
What is the current trend direction of DOLLAR GENERAL CORP (DG) stock?
The current trend direction for DOLLAR GENERAL CORP (DG) is Bearish.
What is the RSI signal for DOLLAR GENERAL CORP (DG) stock?
DOLLAR GENERAL CORP (DG) has an RSI value of 66.1069. This indicates that the stock is currently neutral.
What is the MACD signal for DOLLAR GENERAL CORP (DG) stock?
The MACD indicator for DOLLAR GENERAL CORP (DG) has a value of 0.849666, indicating a bearish trend.
What are the support and resistance levels for DOLLAR GENERAL CORP (DG) stock?
DOLLAR GENERAL CORP (DG) has a support level at 108.98 and a resistance level at 113.84. Check the full technical report for our detailed analysis of DG support and resistance levels.