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Dollar General C Set to Possibly Rebound After Yesterday's Selloff of 2.59%

By Shiri Gupta

Dollar General C (NYSE:DG) traded in a range yesterday that spanned from a low of $157.12 to a high of $159.90. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $157.97 on volume of 328,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Dollar General C and will alert subscribers who have DG in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Dollar General C have traded between a low of $98.08 and a high of $166.98 and are now at $158.70, which is 62% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.0%.

Keywords: rebounders dollar general c

Ticker(s): DG