DOLLAR TREE INC. - 1H - Technical analysis published on 09/23/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
22%
28%
My opinion
Bearish under 87.07 USD
My targets
83.67 USD (-2.95%)
79.54 USD (-7.74%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DOLLAR TREE INC. as long as the price remains well below 87.07 USD. The sellers' bearish objective is set at 83.67 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 79.54 USD. In case of crossing, the next objective would be the support located at 74.46 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOLLAR TREE INC. rating 86.21 USD. On the day, this instrument gained +1.13% and was between 85.33 USD and 86.56 USD. This implies that the price is at +1.03% from its lowest and at -0.40% from its highest.85.33
86.56
86.21
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on DOLLAR TREE INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this DOLLAR TREE INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 74.46 | 79.54 | 83.67 | 86.21 | 87.07 | 88.96 | 93.09 |
| Change (%) | -13.63% | -7.74% | -2.95% | - | +1.00% | +3.19% | +7.98% |
| Change | -11.75 | -6.67 | -2.54 | - | +0.86 | +2.75 | +6.88 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.58 | 83.77 | 84.51 | 85.70 | 86.44 | 87.63 | 88.37 |
| Camarilla | 84.72 | 84.90 | 85.07 | 85.25 | 85.43 | 85.60 | 85.78 |
| Woodie | 82.36 | 83.66 | 84.29 | 85.59 | 86.22 | 87.52 | 88.15 |
| Fibonacci | 83.77 | 84.51 | 84.96 | 85.70 | 86.44 | 86.89 | 87.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.85 | 85.48 | 87.40 | 89.03 | 90.95 | 92.58 | 94.50 |
| Camarilla | 88.33 | 88.66 | 88.99 | 89.31 | 89.64 | 89.96 | 90.29 |
| Woodie | 83.99 | 85.55 | 87.54 | 89.10 | 91.09 | 92.65 | 94.64 |
| Fibonacci | 85.48 | 86.84 | 87.68 | 89.03 | 90.39 | 91.23 | 92.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.61 | 79.43 | 84.99 | 95.81 | 101.37 | 112.19 | 117.75 |
| Camarilla | 86.04 | 87.54 | 89.04 | 90.54 | 92.04 | 93.54 | 95.05 |
| Woodie | 65.97 | 78.12 | 82.35 | 94.50 | 98.73 | 110.88 | 115.11 |
| Fibonacci | 79.43 | 85.69 | 89.56 | 95.81 | 102.07 | 105.94 | 112.19 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.00 | |
| MACD (12,26,9): | -0.5900 | |
| Directional Movement: | -6.58 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 85.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 85.02 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 86.96 | |
| Zig ZAG (10): | 86.21 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 62.77 | |
| TEMA (21): | 85.60 | |
| Williams %R (14): | -39.84 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 2.18 |
| MA7: | 87.48 | |
| MA20: | 89.90 | |
| MA50: | 96.21 | |
| MA100: | 99.91 | |
| MAexp7: | 86.06 | |
| MAexp20: | 86.49 | |
| MAexp50: | 87.70 | |
| MAexp100: | 89.54 | |
| Price / MA7: | -1.45% | |
| Price / MA20: | -4.10% | |
| Price / MA50: | -10.39% | |
| Price / MA100: | -13.71% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | -1.70% | |
| Price / MAexp100: | -3.72% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on DOLLAR TREE INC. at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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