Dollar General Corp. | DG

Daily Technical Analysis of Dollar General Corp.

Dollar General is down a bit on the day, funds flowing out kept the price down -1.48% since yesterday.

The Retail company isn't at an immediate support or resistance level that might be predictive. Dollar General hasn't shown a lot of strength recently, shareholders don't seem that energized about the Retail company's future prospects. DG might find some support at the 235 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Dollar General By Price Target And Rating

Analysts are currently taking a negative view on their future outlook for Dollar General. It's not really bad but definitely not good. The current Analysts Sentiment Score is -63.80. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. JPMorgan Chase & Co. downgraded the stock of Neutral ➝ Underweight on 2023-09-20 and they set their price target at $132.00116.00. Evercore ISI provided a price target drop to 150.00145.00 on 2023-09-08. Loop Capital downgraded the stock of Buy ➝ Hold on 2023-09-01 and added a price target of $200.00140.00. Telsey Advisory Group downgraded the stock of Outperform ➝ Market Perform on 2023-09-01 and provided a price target of $185.00145.00. Raymond James downgraded the stock of Strong-Buy ➝ Outperform on 2023-09-01 and added a price target of $200.00160.00. On 2023-09-01 Barclays decreased their price target to 165.00128.00. On 2023-09-01 UBS Group decreased their price target to 200.00181.00. On 2023-09-01 Citigroup decreased their price target to 185.00146.00. Deutsche Bank Aktiengesel dropped their 1 year price target to 199.00157.00 on 2023-09-01. Piper Sandler dropped their 1 year price target to 178.00144.00 on 2023-09-01.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
DG	-63.80	106.74	-98.89	0	-135.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2022-05-02)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
DG	0.00	0.02

Short interest for Dollar General

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
DG	1.44	%1.8	1.4	-11.748	3950000

How Dollar General compares to the broader Consumer Defensive sector and the more specific Retail - Defensive industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Retail - Defensive Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	26	-0.65	-2.44	-4.76	-6.35	-6.21	-2.59	44.15	-1.37	-8.76	-3.58	-19643.39	-9351.18	4.81	3.85	4.81	47.11
Consumer Defensive Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	106	-0.64	-2.02	-2.39	-0.71	0.31	8.33	52.42	-0.99	3.92	8.16	-12905.87	-11408.23	6.37	5.66	4.13	31.39

Social Sentiment for Dollar General

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
DG

Companies with the highest correlation to Dollar General

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Short Interest Score
TGT \| Target Corporation	0.83	-4.02	-5.65	-7.55	-15.28	-27.92	-26.39	56	-116.39	-51.28	-40.34	-37882.26	-1233.01	2.06584
WMT \| Walmart Inc.	0.75	0.27	-0.65	2.87	5.23	14.49	21.71	77	87.65	46.67	44.30	175.04	-30818.05	1.67806
COST \| Costco Wholesale Corp	0.49	0.63	-0.73	4.60	5.06	12.78	14.66	62	34.75	22.40	22.03	-2428.40	-1228.59	1.51567
DGX \| Quest Diagnostics Inc.	0.47	-0.03	-1.84	-6.73	-12.51	-11.84	0.52	43	-7.72	-7.74	-3.43	-12360.91	-1789.85	2.8804
PNR \| Pentair plc	0.46	-0.12	-3.20	-3.09	2.04	25.49	58.49	84	204.64	123.22	113.23	-661.07	-30017.74	2.49334
TSCO \| Tractor Supply Co	0.45	0.22	-2.12	-3.98	-5.69	-9.75	8.83	66	-0.95	-0.43	0.86	-2970.56	-12100.09	7.06738
HD \| Home Depot, Inc.	0.45	-0.34	-4.25	-5.31	-0.68	8.02	13.60	76	97.00	17.32	25.68	27.81	-17251.91	1.4619
EXPD \| Expeditors International	0.45	0.81	-3.60	-0.36	-5.19	9.02	29.16	67	4.28	19.83	43.70	-785.59	-17939.70	5.87582

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