DOLLAR TREE INC (DLTR) Technical Analysis
NASDAQ:DLTR • US2567461080
Current stock price
DLTR Technical Rating and Analysis
Taking everything into account, DLTR scores 3 out of 10 in our technical rating. Although DLTR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month DLTR has a been trading in the 104.21 - 133.72 range, which is quite wide. It is currently trading near the lows of this range.
- DLTR has an average volume of 3171310 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.
- Looking at the yearly performance, DLTR did better than 84% of all other stocks. However, we also see that DLTR couldn't keep up this performance in the last couple of months.
- DLTR is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 67% of 38 stocks in the same industry.
- DLTR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DLTR is lagging the market slightly.
DLTR Weekly and Daily overview Charts
DLTR Setup Rating and Analysis
The technical rating of DLTR 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
DLTR Support and Resistance Analysis
104.23
When analyzing the support we notice one important area.
- A support zone ranging from 105.28 to 105.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @114.36 from a horizontal line in the daily time frame.
- Resistance @128.93 from a trend line in the daily time frame.
DLTR 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 DLTR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DLTR is down. |
| ChartMill Relative Strength | 84.62 | POSITIVE | DLTR has a high relative strength, it outperformed 84.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DLTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DLTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DLTR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.45 | NEUTRAL | The RSI value for DLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.11 | NEGATIVE | The MACD value suggests DLTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.87 | OVERSOLD | The low Stochastics value suggests DLTR may be oversold. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for DLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.78 | POSITIVE | The high ADX value value for DLTR suggests a strong trend. |
DLTR Chart- and CandleStick Pattern Analysis
DLTR Technicals: Chart, Performance Metrics, Trend & Indicators
105.92
+0.36 (+0.34%)
DOLLAR TREE INC / DLTR TA FAQ
Can you provide the ChartMill technical rating for DOLLAR TREE INC?
ChartMill assigns a technical rating of 3 / 10 to DLTR.
What is the current trend direction of DOLLAR TREE INC (DLTR) stock?
The current trend direction for DOLLAR TREE INC (DLTR) is Bearish.
What is the RSI signal for DOLLAR TREE INC (DLTR) stock?
DOLLAR TREE INC (DLTR) has an RSI value of 32.4491. This indicates that the stock is currently neutral.
What is the short term momentum for DOLLAR TREE INC (DLTR) stock?
The short term momentum for DOLLAR TREE INC (DLTR) is negative.