DOLLAR TREE INC (DLTR) Stock Technical Analysis
NASDAQ:DLTR - US2567461080 - Common Stock
112.5 USD
-0.36 (-0.32%)
112.5 USD
0 (0%)
Taking everything into account, DLTR scores 8 out of 10 in our technical rating. In the last year, DLTR was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, DLTR did better than 85% of all other stocks.
DLTR is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry. DLTR outperforms 89% of them.
DLTR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
DLTR has an average volume of 3202570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DLTR has a been trading in the 111.10 - 118.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DLTR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 112.49, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
62.55
118.33
When analyzing the support we can see 3 important areas.
- A support zone ranging from 111.80 to 112.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.76 from a trend line in the weekly time frame.
- Support @63.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 112.64 to 117.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for DLTR is neutral. |
| ChartMill Relative Strength | 85.39 | POSITIVE | DLTR has a high relative strength, it outperformed 85.39% 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) | 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) | 51.05 | NEUTRAL | The RSI value for DLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests DLTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.99 | NEUTRAL | The Stochastics value for DLTR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for DLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.66 | 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 |
|---|---|---|---|
| 112.65 | 111.79 | 0.86 (0.77%) | 25.00% |
| An entry @112.65. This is a Buy Stop order right above the 10 day moving average. | An exit @111.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.86 points, which is 0.77%. | For a 0.19% total portfolio risk, you can invest 25.00% 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.
112.5
-0.36 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.32%
1 Week-0.08%
2 Weeks-1.86%
1 Month-0.92%
3 Month24.64%
6 Month54.41%
12 Month33.15%
2 Year-8.06%
3 Year-17.08%
5 Year16.86%
10 Year47.52%
15 Year397.02%
Volatility
ATR(14)2.56
ATR(20)%2.18%
ATR Inc23.12%
Range Today3.96
ADR(20)2.41
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.39
Mansfield2.62
10 Day High115.74
10 Day Low111.1
20 Day High118.06
20 Day Low111.1
52 Week High118.06
52 Week Low60.49
CS1 End112.49
CR1 Start112.64
Volume & EV
DER(3)-0.46%
DER(5)-0.33%
Volume3.12M
Volume Incr-2.82%
Vol(5)2.91M
Vol(50)3.20M