DOLLAR TREE INC (DLTR) Stock Technical Analysis
NASDAQ:DLTR - Nasdaq - US2567461080 - Common Stock - Currency: USD
Overall DLTR gets a technical rating of 9 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
DLTR is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 76% 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 104.84 - 117.80 range, which is quite wide. It is currently trading near the high of this range.
DLTR has an average volume of 3874850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that DLTR is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
DLTR has an excellent technical rating, but the quality of the setup is only medium 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
60.60
117.54
We found 5 important support areas.
- A support zone ranging from 112.45 to 116.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @110.53 from a trend line in the daily time frame.
- Support @68.23 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 116.38 to 116.38. 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 | 85.85 | POSITIVE | DLTR has a high relative strength, it outperformed 85.85% 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) | 73.05 | OVERBOUGHT | The high RSI value suggests DLTR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests DLTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 90.03 | OVERBOUGHT | The high Stochastics value suggests DLTR may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for DLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 49.26 | 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 |
|---|---|---|---|
| 116.39 | 112.44 | 3.95 (3.39%) | 25.00% |
| An entry @116.39. This is a Buy Stop order right above the resistance zone. | An exit @112.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.95 points, which is 3.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- 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.
116.37
+0.71 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.61%
1 Week1.94%
2 Weeks1.26%
1 Month11.09%
3 Month36.15%
6 Month60.16%
12 Month22.43%
2 Year-4.9%
3 Year-14.23%
5 Year20.88%
10 Year52.6%
15 Year414.12%
Volatility
ATR(14)2.17
ATR(20)%2.01%
ATR Inc-21.08%
Range Today2.22
ADR(20)2.25
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.85
Mansfield3.43
10 Day High117.8
10 Day Low112.21
20 Day High117.8
20 Day Low104.84
52 Week High117.8
52 Week Low60.49
CS1 End116.36
CR1 Start116.38
Volume & EV
DER(3)-0.44%
DER(5)0.59%
Volume2.50M
Volume Incr-7.39%
Vol(5)2.93M
Vol(50)3.87M