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Downtrend Broken Resist.Archive - 4/4/2025 - 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 third consecutive positive week for the Dollar General (DG). During the week, the DG gained 6.52 points, or 7.57%, and closed at 92.62 on Friday, April 4, 2025. Weekly volume was 104% 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 (38.49) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. DG may retest the broken resistance line. It is considered to be a support line now. 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 97.85 on April 4, 2025. DG gained -31.42 points, or -47.30%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (72.81) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.
Weekly Technical Indicators: [See DG weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range 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 and getting bigger. It indicates that the current medium-term uptrend is strong. 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 97.85 on April 4, 2025. DG gained -27.84 points, or -39.77%, in 31 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (89.27) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since March 6, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
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