DOLLARAMA INC (DOL.CA) Stock Technical Analysis
TSX:DOL - Toronto Stock Exchange - CA25675T1075 - Common Stock - Currency: CAD
Taking everything into account, DOL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DOL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, DOL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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 191.47. Right above this resistance zone may be a good entry point.
More info and screens
140.24
We found 5 important support areas.
- Support @181.69 from a trend line in the daily time frame.
- Support @170.61 from a trend line in the daily time frame.
- A support zone ranging from 163.58 to 166.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @151.59 from a trend line in the weekly time frame.
- Support @141.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 190.97 to 194.52. 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 DOL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOL.CA is up. |
| ChartMill Relative Strength | 84.19 | POSITIVE | DOL.CA has a high relative strength, it outperformed 84.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.72 | NEUTRAL | The RSI value for DOL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests DOL.CA has a negative trend. |
| Stochastics (14,3) | 55.22 | NEUTRAL | The Stochastics value for DOL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for DOL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 37.65 | POSITIVE | The high ADX value value for DOL.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 194.53 | 187.04 | 7.49 (3.85%) | 25.00% |
| An entry @194.53. This is a Buy Stop order right above the resistance zone. | An exit @187.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.49 points, which is 3.85%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
TSX:DOL (7/2/2025, 7:00:00 PM)
189.38
-2.49 (-1.3%)