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General Merchandise Stores Industry Stocks Technical Analysis - DGArchive - 5/2/2025 - 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 the negative week for the Dollar General (DG). During the week, the DG dropped -3.26 points, or -3.48%, and closed at 90.30 on Friday, May 2, 2025. DG was trading at average weekly trading volume.
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. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See DG medium-term trend chart] A medium-term uptrend had started on January 16, 2025 at 66.43 and reached 97.85 on April 4, 2025. DG gained -31.42 points, or -47.30%, in 11 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (91.01) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.
Weekly Technical Indicators: [See DG weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since November 29, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See DG short-term trend chart] A short-term downtrend had started on April 22, 2025 at 96.90 and reached 89.34 on May 1, 2025. DG lost 7.56 points, or 7.80%, in 9 days. The price is now at the 12.70% retracement level.
Daily Technical Indicators: [See DG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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