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DOLLARAMA INC (DOL.CA) Stock Technical Analysis

TSX:DOL - Toronto Stock Exchange - CA25675T1075 - Common Stock - Currency: CAD

140.09  +1.92 (+1.39%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to DOL. In the last year, DOL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, DOL did better than 71% of all other stocks. We also observe that the gains produced by DOL over the past year are nicely spread over this period.
DOL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DOL is lagging the market slightly.
In the last month DOL has a been trading in the 132.37 - 142.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Weekly and Daily overview Charts
DOLLARAMA INC / DOL Weekly stock chart
DOLLARAMA INC / DOL Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, DOL does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 141.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 140.01, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

121.50

152.52

3 important support areas can be observed.

  • A support zone ranging from 136.38 to 140.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 132.88 to 133.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @122.73 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 141.66 to 142.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 151.01 to 151.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.96
Mansfield-0.11
10 Day High141.05
10 Day Low132.37
20 Day High142.34
20 Day Low132.37
52 Week High152.97
52 Week Low100.3
Performance
1 Week-0.03%
2 Weeks0.42%
1 Month5.42%
3 Month-5.39%
6 Month3.28%
12 Month35.56%
2 Year77.73%
3 Year113.88%
5 Year255.02%
10 Year572.22%
15 Year7726.27%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)53.2
LBB137.12
UBB141.85
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
142.54136.376.17 (4.33%)23.10%
An entry @142.54. This is a Buy Stop order right above the resistance zone.An exit @136.37. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 6.17 points, which is 4.33%.When investing 23.10% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
DOLLARAMA INC / DOL Daily stock chart

DOLLARAMA INC

TSX:DOL (2/13/2025, 7:00:00 PM)

140.09

+1.92 (+1.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg1.39%
1 Week-0.03%
2 Weeks0.42%
1 Month5.42%
3 Month-5.39%
6 Month3.28%
12 Month35.56%
2 Year77.73%
3 Year113.88%
5 Year255.02%
10 Year572.22%
15 Year7726.27%
Volatility
ATR(14)2.53
ATR(20)%1.77%
ATR Inc3.06%
Range Today3
ADR(20)2.45
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.96
Mansfield-0.11
10 Day High141.05
10 Day Low132.37
20 Day High142.34
20 Day Low132.37
52 Week High152.97
52 Week Low100.3
CS1 End140.01
CR1 Start141.66
Volume & EV
DER(3)0.29%
DER(5)-1.13%
Volume569.78K
Volume Incr-8.56%
Vol(5)653.65K
Vol(50)729.95K