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Archive - 4/5/2024 - Sign In to see current Signals. |
llar Tree Inc. (DLTR) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the llar Tree Inc. (DLTR). During the week, the DLTR dropped -2.44 points, or -1.83%, and closed at 130.71 on Friday, April 5, 2024. Weekly volume was 45% above average. Long-term trend: [See DLTR long-term trend chart] A long-term downtrend had started on April 21, 2022 at 177.19 and reached 102.77 on October 3, 2023. DLTR lost 74.42 points, or 42.00%, in 75 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 94.63 and resistance is at 165.42. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend. Medium-term trend: [See DLTR medium-term trend chart] A medium-term uptrend had started on October 3, 2023 at 102.77 and reached 151.22 on March 5, 2024. DLTR gained -48.45 points, or -47.14%, in 22 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (146.80) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See DLTR weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help. Short-term trend: [See DLTR short-term trend chart] A short-term uptrend had started on March 14, 2024 at 124.01 and reached 137.14 on April 1, 2024. DLTR gained -13.13 points, or -10.59%, in 18 days. The chart has formed a Broadening Ascending Wedge chart pattern. Daily Technical Indicators: [See DLTR daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Consumer Discretionary |
7 |
Industry |
General Merchandise Stores |
67 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Low |
124.01 |
Low Date |
03/14/2024 |
High |
137.14 |
High Date |
04/01/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
151.22 |
High Date |
03/05/2024 |
Low |
124.01 |
Low Date |
03/14/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Wedge |
Status |
Broken Support |
Resistance |
154.36 |
Support |
146.80 |
Low |
102.77 |
Low Date |
10/03/2023 |
High |
151.22 |
High Date |
03/05/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Valid |
Resistance |
165.42 |
Support |
94.63 |
High |
177.19 |
High Date |
04/21/2022 |
Low |
102.77 |
Low Date |
10/03/2023 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
5.19 |
Low Date |
03/22/2001 |
High |
177.19 |
High Date |
04/21/2022 |
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