DOLLAR GENERAL CORP (DG) Stock Technical Analysis
NYSE:DG - New York Stock Exchange, Inc. - US2566771059 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to DG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DG is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
DG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
DG has an average volume of 4726990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 60% of all stocks.
DG is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 41% of 40 stocks in the same industry.
DG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, DG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
76.00
97.76
When analyzing the support we can see 3 important areas.
- Support @93.35 from a trend line in the daily time frame.
- A support zone ranging from 86.02 to 86.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.77 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 93.70 to 93.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 95.74 to 96.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.04
Mansfield-0.08
10 Day High96.9
10 Day Low87.25
20 Day High97.85
20 Day Low84.7
52 Week High147.87
52 Week Low66.43
Performance
1 Week-1.82%
2 Weeks5.95%
1 Month6.95%
3 Month31.85%
6 Month14.59%
12 Month-31.86%
2 Year-57.69%
3 Year-60.56%
5 Year-46.55%
10 Year28.85%
15 Year227.93%
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)
Technical Indicators
MACD(12,26,9)-0.27
RSI(14)59.72
LBB86.6
UBB97.98
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 93.72 | 93.34 | 0.38 (0.41%) | 25.00% |
| An entry @93.72. This is a Buy Stop order right above the resistance zone. | An exit @93.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.38 points, which is 0.41%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%. |
- The distance between exit and entry is rather small compared to the average daily movement of DG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
93.69
+0.36 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.39%
1 Week-1.82%
2 Weeks5.95%
1 Month6.95%
3 Month31.85%
6 Month14.59%
12 Month-31.86%
2 Year-57.69%
3 Year-60.56%
5 Year-46.55%
10 Year28.85%
15 Year227.93%
Volatility
ATR(14)2.71
ATR(20)%3.75%
ATR Inc-37.07%
Range Today2.48
ADR(20)3.5
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.04
Mansfield-0.08
10 Day High96.9
10 Day Low87.25
20 Day High97.85
20 Day Low84.7
52 Week High147.87
52 Week Low66.43
CS1 End93.35
CR1 Start93.7
Volume & EV
DER(3)-0.86%
DER(5)-1.55%
Volume3.59M
Volume Incr-42.62%
Vol(5)3.19M
Vol(50)4.73M