DOLLAR GENERAL CORP.
-
USD
(-)
- 15 min delayed data - NYSE Stocks
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Stocks |
| Ticker: | DG |
| ISIN: |
DOLLAR GENERAL CORP. - Daily - Technical analysis published on 10/08/2019 (GMT)
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- 10/08/2019 - 13:19
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- Timeframe : Daily
- - Analysis generated on 10/08/2019 - 13:17
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 153.17 USD
My targets
161.54 USD (+0.96%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOLLAR GENERAL CORP. as long as the price remains well above 153.17 USD. The buyers” bullish objective is set at 161.54 USD. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOLLAR GENERAL CORP. rating 160.01 USD. The price registered a decrease of -0.40% on the session with the lowest point at 158.33 USD and the highest point at 161.08 USD. The deviation from the price is +1.06% for the low point and -0.66% for the high point.158.33
161.08
160.01
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DOLLAR GENERAL CORP. in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 132.15 | 144.97 | 153.17 | 160.01 | 161.54 |
| Change (%) | -17.41% | -9.40% | -4.27% | - | +0.96% |
| Change | -27.86 | -15.04 | -6.84 | - | +1.53 |
| Level | Major | Minor | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 153.56 | 155.13 | 157.89 | 159.46 | 162.22 | 163.79 | 166.55 |
| Camarilla | 159.46 | 159.86 | 160.25 | 160.65 | 161.05 | 161.44 | 161.84 |
| Woodie | 154.15 | 155.43 | 158.48 | 159.76 | 162.82 | 164.09 | 167.15 |
| Fibonacci | 155.13 | 156.78 | 157.80 | 159.46 | 161.11 | 162.14 | 163.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 150.70 | 152.84 | 156.74 | 158.89 | 162.79 | 164.94 | 168.84 |
| Camarilla | 158.99 | 159.54 | 160.10 | 160.65 | 161.20 | 161.76 | 162.31 |
| Woodie | 151.58 | 153.28 | 157.63 | 159.33 | 163.67 | 165.38 | 169.72 |
| Fibonacci | 152.84 | 155.15 | 156.58 | 158.89 | 161.20 | 162.63 | 164.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 143.16 | 147.61 | 153.12 | 157.57 | 163.08 | 167.53 | 173.04 |
| Camarilla | 155.89 | 156.80 | 157.71 | 158.62 | 159.54 | 160.45 | 161.36 |
| Woodie | 143.68 | 147.87 | 153.64 | 157.83 | 163.60 | 167.79 | 173.56 |
| Fibonacci | 147.61 | 151.41 | 153.76 | 157.57 | 161.37 | 163.72 | 167.53 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 63.37 | |
| MACD (12,26,9): | 2.8800 | |
| Directional Movement: | 8.31 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 161.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 154.93 | |
| Elder Ray (13): | 1.51 | |
| Super Trend (3,10): | 150.46 | |
| Zig ZAG (10): | 160.01 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 79.55 | |
| TEMA (21): | 160.39 | |
| Williams %R (14): | -16.01 | |
| Chande Momentum Oscillator (20): | 3.51 | |
| Repulse (5,40,3): | 2.4800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3400 | |
| Courbe Coppock: | 3.27 |
| MA7: | 158.87 | |
| MA20: | 157.60 | |
| MA50: | 147.59 | |
| MA100: | 140.55 | |
| MAexp7: | 158.96 | |
| MAexp20: | 156.84 | |
| MAexp50: | 150.31 | |
| MAexp100: | 142.41 | |
| Price / MA7: | +0.72% | |
| Price / MA20: | +1.53% | |
| Price / MA50: | +8.42% | |
| Price / MA100: | +13.85% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | +2.02% | |
| Price / MAexp50: | +6.45% | |
| Price / MAexp100: | +12.36% |
This member declared not having a position on this financial instrument or a related financial instrument.
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