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General Merchandise Stores Industry Stocks Technical Analysis - DGArchive - 3/21/2025 - Sign In to see current Signals. |
Dollar General (DG) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Dollar General (DG). During the week, the DG gained 4.64 points, or 5.87%, and closed at 83.66 on Friday, March 21, 2025. Weekly volume was 14% above average. DG is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See DG long-term trend chart] A long-term downtrend had started on March 14, 2024 at 168.07 and reached 66.43 on January 16, 2025. DG lost 101.64 points, or 60.47%, in 44 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (42.77) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See DG medium-term trend chart] A medium-term uptrend had started on January 16, 2025 at 66.43 and reached 85.08 on March 10, 2025. DG gained -18.65 points, or -28.07%, in 7 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 71.76 and resistance is at 86.06. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See DG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since November 29, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See DG short-term trend chart] A short-term uptrend had started on March 4, 2025 at 70.01 and reached 85.08 on March 10, 2025. DG gained -15.07 points, or -21.53%, in 6 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (81.58) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See DG daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since March 6, 2025. This is an indication that the short-term trend is up. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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