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Dollar General C Crosses Above its 10-day MA (DG)

By Amy Schwartz

Today, shares of Dollar General C (NYSE:DG) have crossed bullishly above their 10-day moving average of $157.05 on a volume of 381K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Dollar General C share prices have moved between a 52-week high of $162.34 and a 52-week low of $98.08 and are now trading 61% above that low price at $158.29 per share. Over the last five market days, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 1.5%.

SmarTrend recommended that subscribers consider buying shares of Dollar General C on August 21st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $139.15. Since that recommendation, shares of Dollar General C have risen 12.7%. 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