Dollar General Corp (DG): Price Up $1.51 (0.69)% Over Past Day, Up $0.77 (0.35)% Over Past Hour

The Hourly View for DG

Currently, DG (Get Ratings)’s price is up $0.77 (0.35%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as DG has now gone up 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

DG ranks 12th in terms of today’s price percentage change out of Retail stocks.

DG’s Technical Outlook on the Daily Chart

At the time of this writing, DG’s price is up $1.51 (0.69%) from the day prior. DG has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows DG’s price action over the past 90 days.

DG

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DG: Daily RSI Analysis

  • For DG, its RSI is now at 83.012.
  • DG and RSI may be exhibiting divergent trends. This may be something to monitor.

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