On January 20th, 2023, 9:04 a.m., Dollar General shares are listed on their home market in New York at a price of USD 224.47. The company belongs to the general department store segment.
How Dollar General is currently assessed results from a multi-stage analysis. We have selected 8 categories, each of which leads to the result “Buy”, “Hold” or “Sell”. These results are finally consolidated into the overall result.
1. Relative Strength Index: The Relative Strength Index (RSI) is a well-known means of technical analysis to assess whether a security is currently “overbought” or “oversold”. This sets price movements in relation to time. We consider the 7-day and 25-day RSI for Dollar General. Let’s start with the 7-day RSI, which is currently 91.62 points. This means Dollar General is currently overbought. The share is therefore classified as a “sell”. What about the 25-day RSI? Contrary to the RSI7, Dollar General is neither overbought nor oversold here. The security is therefore rated “Hold” for the RSI25. Dollar General’s bottom line rating is “Sell” for this point in our analysis.
2. Sentiment and Buzz: Dollar General can also be monitored and evaluated over a longer period of time in terms of the number of verbal contributions (the intensity of the discussion) and the rate of mood change. This allows interesting conclusions to be drawn about the long-term mood of the past few months. Specifically: The share has generated increased activity on the Internet. This indicates a strong discussion intensity and requires a “buy” rating. The rate of mood change showed a negative change, which corresponds to an assessment as a “sell” value. In the overall rating, Dollar General is rated: “Sell”.
3. Technical Analysis: A look at the technical development of a stock using the moving average can be used to determine the current trend of the security. Let’s look at the moving average of the closing price of Dollar General stock over the last 200 trading days. This value is currently $242.33. The last closing price (USD 224.47) is significantly lower (difference -7.37 percent). On this basis, we rate the stock as a “Sell” What does this calculation look like if you determine the moving average based on the last 50 trading days? For this one ($246.31), the last close is also below the moving average (-8.87 percent deviation). Dollar General shares are therefore also given a “sell” rating on this shorter-term basis. The Dollar General share is therefore provided with a “Sell” rating for the simple chart technique.
Buy, Hold or Sell – Your Dollar General Analysis from 21.01. gives the answer:
How will Dollar General develop now? Is an entry worthwhile or should investors rather sell? Find out the answers to these questions and why you need to act now in the latest Dollar General analysis.