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Dollar General Crosses Below its 10-day MA (DG)

By James Quinn

Dollar General (NYSE:DG) crossed under its 10-day moving average of $73.33 on a volume of 411K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Dollar General have traded between a low of $59.75 and a high of $96.88 and are now at $72.47, which is 21% above that low price. The 200-day and 50-day moving averages have moved 0.07% higher and 0.94% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Dollar General. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Dollar General in search of a potential trend change.

Keywords: moving crosses Dollar General

Ticker(s): DG