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Dollar Tree Inc Crosses Above its 10-day MA (DLTR)

By Amy Schwartz

Today, shares of Dollar Tree Inc (NASDAQ:DLTR) have advanced above their 10-day MA of $74.44 on a volume of 394K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Dollar Tree Inc has traded in a range of $65.63 to $99.93 and is now at $74.79, 14% above that low. The 200-day and 50-day moving averages have moved 0.02% lower and 0.04% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Dollar Tree Inc on July 28th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $71.77. Since that recommendation, shares of Dollar Tree Inc have risen 3.6%. We continue to monitor DLTR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dollar tree inc

Ticker(s): DLTR