The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 5/15/2026 -
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Dollar General (DG) Technical Analysis

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Summary:
Weekly :Oversold sectorLane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldBroken trend support line
Daily :Daily  MACD line has moved below its signal lineWilliams' Percentage Range oversoldLane's Stochastic is strongly oversold
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It was the negative week for the Dollar General (DG). During the week, the DG dropped -10.91 points, or -9.63%, and closed at 102.38 on Friday, May 15, 2026. On Friday DG has reached 102.32 - the lowest level since November 28, 2025. It was the worst weekly loss since March 13, 2026. Weekly volume was 47% 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 uptrend had started on January 16, 2025 at 66.43 and reached 158.23 on February 26, 2026. DG gained -91.80 points, or -138.19%, in 58 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (113.25) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. DG may retest the broken support line. It is considered to be a resistance 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 support in a long-term trend.

Medium-term trend: [See DG medium-term trend chart]
A medium-term downtrend had started on February 26, 2026 at 158.23 and reached 100.81 on May 13, 2026. DG lost 57.42 points, or 36.29%, in 10 weeks. Price is near the trend low.

Weekly Technical Indicators: [See DG weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 May 5, 2026 at 118.58 and reached 100.81 on May 13, 2026. DG lost 17.77 points, or 14.99%, in 8 days. The price is now at the 8.84% retracement level.

Daily Technical Indicators: [See DG daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.40
Williams' Percentage Range (W%R) 82.70
Oversold
Lane's Stochastic (%D-Slow) 9.81
Strong Oversold
Greed/Fear Indicator (GFI) 17.49
Oversold
Moving Average Converg./Diverg. (MACD) -4.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.16
Williams' Percentage Range (W%R) 92.10
Strong Oversold
Lane's Stochastic (%D-Slow) 10.50
Oversold
Greed/Fear Indicator (GFI) 16.77
Oversold
Moving Average Converg./Diverg. (MACD) 3.38
Trading Signals
Description Value Chart
Upper Bollinger Band 127.38
50 Day Moving Average 121.34
20 Day Moving Average 114.43
Quarterly Trendline Support 113.25
Parabolic System 108.58
Weekly Stochastic Crossing 103.15
Daily Stochastic Crossing 102.58
Price 102.38
Lower Bollinger Band 98.22
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 2
Industry General Merchandise Stores 25
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 118.58
High Date 05/05/2026
Low 100.81
Low Date 05/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 127.26
High Date 04/17/2026
Low 100.81
Low Date 05/13/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 158.23
High Date 02/26/2026
Low 100.81
Low Date 05/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 174.28
Support 113.25
Low 66.43
Low Date 01/16/2025
High 158.23
High Date 02/26/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 262.21
High Date 04/21/2022
Low 66.43
Low Date 01/16/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.