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Dollar General C Bearish Moving Average Crossover Alert (DG)

By David Diaz

Today, shares of Dollar General C (NYSE:DG) have crossed bearishly below their 10-day moving average of $97.49 on a volume of 708K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Dollar General C share prices have been bracketed by a low of $65.97 and a high of $105.82 and are now at $97.21, 47% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

SmarTrend recommended that subscribers consider buying shares of Dollar General C on March 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $94.40. Since that recommendation, shares of Dollar General C have risen 4.9%. We continue to monitor DG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dollar general c

Ticker(s): DG