We assign a technical rating of 10 out of 10 to DLTR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DLTR is showing a nice and steady performance.
DLTR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 127.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
91.36
We found 5 important support areas.
- A support zone ranging from 126.90 to 127.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.00 to 107.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @98.80 from a horizontal line in the daily time frame.
- Support @95.29 from a trend line in the weekly time frame.
- Support @92.28 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 129.88 to 131.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DLTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLTR is up. |
| ChartMill Relative Strength | 93.71 | POSITIVE | DLTR has a high relative strength, it outperformed 93.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DLTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.87 | NEUTRAL | The RSI value for DLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests DLTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.9 | OVERBOUGHT | The high Stochastics value suggests DLTR may be overbought. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for DLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 45.34 | POSITIVE | The high ADX value value for DLTR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 131.19 | 126.89 | 4.30 (3.28%) | 25.00% |
| An entry @131.19. This is a Buy Stop order right above the resistance zone. | An exit @126.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.30 points, which is 3.28%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- The distance between exit and entry is rather small compared to the average daily movement of DLTR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
127.84
+0.94 (+0.74%)
DOLLAR TREE INC / DLTR FAQ
Can you provide the ChartMill technical rating for DOLLAR TREE INC?
ChartMill assigns a technical rating of 10 / 10 to DLTR.
Can you provide the trend direction for DOLLAR TREE INC?
The current trend direction for DOLLAR TREE INC (DLTR) is Bullish.
What is the RSI signal for DOLLAR TREE INC (DLTR) stock?
DOLLAR TREE INC (DLTR) has an RSI value of 68.8727. This indicates that the stock is currently neutral.
What is the short term momentum for DLTR stock?
The short term momentum for DOLLAR TREE INC (DLTR) is positive.
What is the buy/sell signal for DOLLAR TREE INC (DLTR) stock?
The buy/sell signal for DOLLAR TREE INC (DLTR) is buy as both the short term and long term trends are positive.