The Greedy Trader Weekly Analysis
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Uptrend Exhaustion
Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.
Stock trend chart following long term trend analysis and trend following indicator.
trend following,stock trend chart,trend following indicator,following long term trend
Dollar General
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Summary:
Weekly :Overbought sectorLane's Stochastic is overbought
Daily :The price has fallen below the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the Dollar General (DG). During the week, the DG dropped -1.18 points, or -1.19%, and closed at 98.26 on Friday, February 09, 2018. Weekly volume was 14% above average.

DG is a member of Services Sector. Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See DG long-term trend chart]
A long-term uptrend had started on August 30, 2006 at 12.10 and reached 105.82 on January 29, 2018. DG gained -93.72 points, or -774.55%, in 595 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 72.30 and resistance is at 116.63. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See DG medium-term trend chart]
A medium-term uptrend had started on June 16, 2017 at 65.97 and reached 105.82 on January 29, 2018. DG gained -39.85 points, or -60.41%, in 32 weeks. The price is now at the 18.97% retracement level.

Weekly Technical Indicators: [See DG weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since April 28, 2017. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See DG short-term trend chart]
A short-term uptrend had started on February 6, 2018 at 92.74 and reached 99.53 on February 7, 2018. DG gained -6.79 points, or -7.32%, in 1 days. The price is now at the 18.70% retracement level.

Daily Technical Indicators: [See DG daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since January 31, 2018. The distance between MACD and the signal line is relatively high and getting bigger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.71
Williams' Percentage Range (W%R) 74.40
Lane's Stochastic (%D-Slow) 27.52
Greed/Fear Indicator (GFI) 31.28
Moving Average Converg./Diverg. (MACD) 1.63
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.17
Williams' Percentage Range (W%R) 32.80
Lane's Stochastic (%D-Slow) 83.44
Overbought
Greed/Fear Indicator (GFI) 70.92
Moving Average Converg./Diverg. (MACD) 5.08
Trading Signals
Description Value Chart
Yearly Trendline Resistance 116.63
Upper Bollinger Band 104.94
Weekly Stochastic Crossing 102.98
20 Day Moving Average 100.86
Parabolic System 99.02
Price 98.26
Daily Stochastic Crossing 96.94
50 Day Moving Average 95.81
Lower Bollinger Band 93.12
Sector and Industry
Description Name Rank
Sector Services 9
Industry Discount Variety Stores 147
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 92.74
Low Date 02/06/2018
High 99.53
High Date 02/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 92.74
Low Date 02/06/2018
High 99.53
High Date 02/07/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.82
High Date 01/29/2018
Low 92.74
Low Date 02/06/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 65.97
Low Date 06/16/2017
High 105.82
High Date 01/29/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 116.63
Support 72.30
Low 12.10
Low Date 08/30/2006
High 105.82
High Date 01/29/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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