The mass consumer goods retailer leaps forward, extending today’s positive performance with a 3.67% increase.
On a weekly basis, Dollar General’s trend is more marked than the S&P-500 trendline. This shows that investors are more likely to buy Dollar General than the index.
The technical status of Dollar General shows signs of worsening with a support area set at 81.27 USD, while on the upside the resistance area is identified at 84.84. For the next session we could witness a new bearish trend with a target estimated likely at 79.
The indications are to be considered merely informational tools, and are in no way intended to constitute financial advice, solicitation to public savings or promotion of any form of investment.
(By the Teleborsa Research Office)
(Photo: © Dollar General)