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Takip Edin: @UscMarketsDG Stock Forecast & Dollar General Corporation Chart Analysis
This article provides a detailed analysis of DG-Dollar General Corporation stock including a forecast for DG shares. It features Dollar General Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
DG Historical Data Review
DG Current Price Performance Analysis
The Dollar General Corporation - DG stock traded on the American stock market, on 06-05-2024, closed at 134.42$ with a %-0.07 decreased compared to the previous day.
In the last month, the price of DG changed by %-1.26 decreased in value, from 136.14 dollars on 05-06-2024 to 134.42 dollars, decreased.
Last year, the price of DG was 157.11 dollars on 06-06-2023, and changed by %-14.44 decreased in value, to 134.42 dollars decreased within a year.
The price of Dollar General Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
DG with AI Stock Forecast & Price Target
On the DG chart Dollar General Corporation price was recorded as 134.42 Dollars on 06/05/2024.
The artificial intelligence's forecast on DG stock is as follows.
The artificial intelligence's prediction error margin for DG stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Dollar General Corporation stock over the next 4 months is: 101.2 Dollars.
The commentary on DG stock Target Price: Highest: 137.484 Dollars is predicted.
The commentary on DG stock Target Price: Lowest: 65.63 Dollars is predicted.
Resistance Price where Dollar General Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 137.484 |
| 10-03-2024 | 118.168 |
Support Price where Dollar General Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 117.405 |
The commentary on DG stock: The target price can generally be said to be on the decline.
The commentary on DG stock: Fluctuations in the target price can be expected in the coming days.
The target price for Dollar General Corporation stock by the end of 2024 is predicted to be 85.091 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on DG stock, and the 2024 target price predictions for Dollar General Corporation are detailed above.
The technical analysis and charts for the commentary on DG stock are below.
DG Support & Resistance and Trend Analysis
DG stock you have reviewed the technical analysis support resistance charts regarding.
DG : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the DG review, the Dollar General Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Dollar General Corporation Support and Resistance Prices:
| DG Support Level Price | DG Resistance Level Price |
|---|---|
| 116.08 | 128.12 |
| 116.32 | 139.79 |
| 122.50 | 139.86 |
| 126.23 | 141.66 |
| 128.76 | 145.38 |
| 130.32 | 147.87 |
| 130.89 | 164.12 |
| 134.68 | 168.07 |
| 147.84 | |
| 150.09 |
DG Technical Analysis: SMA, RSI, MACD
Upon reviewing the DG chart, buy and sell signals have been generated in the Dollar General Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for DG stock are as follows:- DG technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Dollar General Corporation gave a 'Buy' signal when the RSI was at 26.307, with the current RSI value at 44.705.
- The technical analysis for Dollar General Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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