DOLLAR TREE INC (DLTR) Stock Technical Analysis
NASDAQ:DLTR - Nasdaq - US2567461080 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to DLTR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DLTR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
DLTR is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 71% of 40 stocks in the same industry.
A new 52 week high is currently being made by DLTR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month DLTR has a been trading in the 93.83 - 109.74 range, which is quite wide. It is currently trading near the high of this range.
DLTR has an average volume of 3970140 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 83% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DLTR 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
60.60
110.46
5 important support areas can be observed.
- A support zone ranging from 100.91 to 101.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 92.96 to 93.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @67.53 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 109.37 to 109.37. 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 | 83.38 | POSITIVE | DLTR has a high relative strength, it outperformed 83.38% 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) | UP | POSITIVE | The current price of DLTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.76 | OVERBOUGHT | The high RSI value suggests DLTR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests DLTR has a positive trend. |
| Stochastics (14,3) | 89.97 | OVERBOUGHT | The high Stochastics value suggests DLTR may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for DLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 41.65 | 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)
109.36
+0.99 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.91%
1 Week7.31%
2 Weeks9.98%
1 Month16.08%
3 Month51.66%
6 Month50.01%
12 Month1.86%
2 Year-29.14%
3 Year-33.87%
5 Year17.15%
10 Year40.15%
15 Year393.5%
Volatility
ATR(14)2.77
ATR(20)%2.43%
ATR Inc20.44%
Range Today2.14
ADR(20)2.57
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.38
Mansfield2.75
10 Day High109.74
10 Day Low97.3
20 Day High109.74
20 Day Low93.83
52 Week High109.74
52 Week Low60.49
CS1 End101.36
CR1 Start109.37
Volume & EV
DER(3)1.2%
DER(5)0.58%
Volume3.14M
Volume Incr-24.67%
Vol(5)2.97M
Vol(50)3.97M