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.
- In the last month DG has a been trading in the 112.76 - 127.26 range, which is quite wide. It is currently trading near the lows of this range.
- DG has an average volume of 3201890 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, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, DG turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- DG is part of the Consumer Staples Distribution & Retail industry. There are 37 other stocks in this industry, DG did better than 55% of them.
- DG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DG is lagging the market.
DG Weekly and Daily overview Charts
DG Setup Rating and Analysis
The technical rating of DG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
DG Support and Resistance Analysis
112.99
We found 1 important support area.
- A support zone ranging from 114.13 to 114.42. 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 117.99 to 120.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 126.68 to 126.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for DG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DG is down. |
| ChartMill Relative Strength | 45.82 | 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) | 35.87 | NEUTRAL | The RSI value for DG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests DG has a negative trend. |
| Stochastics (14,3) | 14.16 | OVERSOLD | The low Stochastics value suggests DG may be oversold. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for DG suggests some volalility. |
| Average Directional Index/ADX (14) | 31.82 | 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
114.43
-1.45 (-1.25%)
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 35.8745. 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 114.42 and a resistance level at 117.99. Check the full technical report for our detailed analysis of DG support and resistance levels.