DLTR Technical Analysis - DOLLAR TREE INC

Technical Rating and Analysis

Overall DLTR gets a technical rating of 1 out of 10. DLTR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month DLTR has a been trading in the 93.72 - 115.73 range, which is quite wide. It is currently trading near the lows of this range.

DLTR has an average volume of 4044420 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.

When comparing the yearly performance of all stocks, we notice that DLTR is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

DLTR is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry, DLTR did better than 69% of them.

DLTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DLTR is lagging the market.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

DOLLAR TREE INC / DLTR Weekly stock chart

DOLLAR TREE INC / DLTR Daily stock chart

Setup Rating and Analysis

DLTR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 94.64, a Stop Loss order could be placed below this zone.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

68.77

114.23

2 important support areas can be observed.

A support zone ranging from 94.48 to 94.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @69.46 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 96.89 to 98.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @113.10 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	71.9	POSITIVE	DLTR has a high relative strength, it outperformed 71.9% 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	POSITIVE	The current price of DLTR is above the rising SMA(200).
Relative Strength Index/RSI (14)	31.42	NEUTRAL	The RSI value for DLTR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.39	NEGATIVE	The MACD value suggests DLTR has a negative trend, although the MACD value is rising.
Stochastics (14,3)	7.39	OVERSOLD	The low Stochastics value suggests DLTR may be oversold.
Average True Range in percent/ATR (20)	3.73	MEDIUM VOLATILITY	The ATR as a percentage value for DLTR suggests some volalility.
Average Directional Index/ADX (14)	40.1	POSITIVE	The high ADX value value for DLTR suggests a strong trend.