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Dollar Tree Bullish Moving Average Crossover Alert (DLTR)

By James Quinn

Dollar Tree (NASDAQ:DLTR) crossed over its 10-day moving average of $77.52 on a volume of 1.1 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Dollar Tree share prices have moved between a 52-week high of $99.93 and a 52-week low of $60.31 and are now trading 31% above that low price at $78.78 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses Dollar Tree

Ticker(s): DLTR