's Chart of the Day - Dollar General

The Chart of the Day belongs to Dollar General (DG).  I found the discount retailer by using Barchart to sort today's 52 Week High list first for the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation.  Since the Trend Spotter signaled a buy on 11/10 the stock gained 7.96%.

Dollar General Corporation is a discount retailer in the United States. The Company separates its merchandise into four categories, which includes highly consumable, seasonal, home products and basic clothing. Highly consumable consists of packaged food, candy, snacks and refrigerated products, health and beauty aids, home cleaning supplies and pet supplies; seasonal consists of seasonal and holiday-related items, toys, stationery and hardware; home products consists of house wares and domestics, and basic clothing consists of casual everyday apparel. Dollar General is among the largest retailers of top-quality products made by America's most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg's, General Mills, Nabisco, Fruit of the Loom, PepsiCo and Coca-Cola. The Company store support center is located in Goodlettsville, Tennessee.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

Barchart technical indicators:

  • 34.87+ Weighted Alpha

  • 100% technical buy signals

  • Trend Spotter buy signal

  • Above its 20, 50 and 100 day moving averages

  • 12 new highs and up 17.90% in the last month

  • Relative Strength Index 80.24%

  • Technical support level at 90.30

  • Recently traded at 90.85 with a 50 day moving average of 83.94

Fundamental factors:

  • Market Cap $24.83 billion

  • P/E 20.04

  • Dividend yield 1.15%

  • Revenue expected to grow 6.40% this year and another 7.90% next year

  • Earnings estimated to increase .70% this year, an additional 10.60% next year and continue to compound at an annual rate of 7.50% for the next 5 years

  • Wall Street analysts issued 6 strong buy, 8 buy, 14 hold and 1 sell recommendation on the stock

More on this symbol:

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