DOLLAR TREE INC.
DOLLAR TREE INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DLTR
ISIN:

DOLLAR TREE INC. - Daily - Technical analysis published on 10/24/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 112.59 USD
My targets
116.35 USD (+0.23%)
My analysis
DOLLAR TREE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 112.59 USD. The next resistance located at 116.35 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The DOLLAR TREE INC. price is 116.08 USD. On the day, this instrument lost -0.47% and was between 115.00 USD and 116.74 USD. This implies that the price is at +0.94% from its lowest and at -0.57% from its highest.

115.00
116.74
116.08

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this DOLLAR TREE INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 95.29 107.39 112.59 116.08 116.35
Change (%) -17.91% -7.49% -3.01% - +0.23%
Change -20.79 -8.69 -3.49 - +0.27
Level Intermediate Minor Intermediate - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard112.80114.16115.39116.75117.98119.34120.57
Camarilla115.92116.16116.39116.63116.87117.11117.34
Woodie112.75114.13115.34116.72117.93119.31120.52
Fibonacci114.16115.15115.76116.75117.74118.35119.34


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard112.15113.54115.26116.65118.37119.76121.48
Camarilla116.13116.41116.70116.98117.27117.55117.84
Woodie112.32113.62115.43116.73118.54119.84121.65
Fibonacci113.54114.73115.46116.65117.84118.57119.76


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard88.1894.03104.09109.94120.01125.86135.92
Camarilla109.78111.24112.70114.16115.62117.08118.54
Woodie90.2995.08106.20111.00122.12126.91138.03
Fibonacci94.03100.11103.86109.94116.02119.78125.86

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 57.92
MACD (12,26,9): 2.0400
Directional Movement: 8.98
AROON (14): 71.42
DEMA (21): 117.82
Parabolic SAR (0,02-0,02-0,2): 114.74
Elder Ray (13): -0.03
Super Trend (3,10): 112.36
Zig ZAG (10): 116.06
VORTEX (21): 1.0100
Stochastique (14,3,5): 70.08
TEMA (21): 117.61
Williams %R (14): -41.18
Chande Momentum Oscillator (20): 3.58
Repulse (5,40,3): -0.3600
ROCnROLL: 1
TRIX (15,9): 0.3000
Courbe Coppock: 5.92
MA7: 117.02
MA20: 115.04
MA50: 108.89
MA100: 107.06
MAexp7: 116.58
MAexp20: 114.91
MAexp50: 111.00
MAexp100: 107.73
Price / MA7: -0.80%
Price / MA20: +0.90%
Price / MA50: +6.60%
Price / MA100: +8.43%
Price / MAexp7: -0.43%
Price / MAexp20: +1.02%
Price / MAexp50: +4.58%
Price / MAexp100: +7.75%

News


Don"t forget to follow the news on DOLLAR TREE INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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