DOLLAR TREE INC (DLTR) Stock Technical Analysis
NASDAQ:DLTR - Nasdaq - US2567461080 - Common Stock - Currency: USD
Taking everything into account, DLTR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DLTR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
DLTR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DLTR is performing more or less in line with the market.
In the last month DLTR has a been trading in the 85.00 - 97.45 range, which is quite wide. It is currently trading near the high of this range.
DLTR has an average volume of 5291120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DLTR did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
DLTR is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 60% of 41 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, DLTR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 95.20. Right above this resistance zone may be a good entry point.
More info and screens
60.60
97.69
We found 5 important support areas.
- A support zone ranging from 91.58 to 92.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @88.62 from a horizontal line in the daily time frame.
- Support @66.83 from a trend line in the weekly time frame.
- Support @63.18 from a horizontal line in the daily time frame.
- Support @61.21 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 95.20 to 96.72. 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 | UP | POSITIVE | The long term trend for DLTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLTR is up. |
| ChartMill Relative Strength | 84.68 | POSITIVE | DLTR has a high relative strength, it outperformed 84.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DLTR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.49 | NEUTRAL | The RSI value for DLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DLTR has a negative trend. |
| Stochastics (14,3) | 80.01 | OVERBOUGHT | The high Stochastics value suggests DLTR may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for DLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for DLTR suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 96.73 | 91.57 | 5.16 (5.33%) | 18.75% |
| An entry @96.73. This is a Buy Stop order right above the resistance zone. | An exit @91.57. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.16 points, which is 5.33%. | For a 1.00% total portfolio risk, you can invest 18.75% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DLTR. 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.
95.19
-0.9 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.94%
1 Week0.73%
2 Weeks5.46%
1 Month9.94%
3 Month47.44%
6 Month35.81%
12 Month-10.22%
2 Year-33.67%
3 Year-38.92%
5 Year2.71%
10 Year20.51%
15 Year357.31%
Volatility
ATR(14)3.61
ATR(20)%3.44%
ATR Inc-39.33%
Range Today2.11
ADR(20)2.65
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.68
Mansfield1.42
10 Day High97.45
10 Day Low86.01
20 Day High97.45
20 Day Low85
52 Week High109.36
52 Week Low60.49
CS1 End92.19
CR1 Start95.2
Volume & EV
DER(3)1.49%
DER(5)-0.04%
Volume3.00M
Volume Incr-36.9%
Vol(5)3.10M
Vol(50)5.29M