SmarTrend identified a Downtrend for Dollar Tree (NASDAQ:DLTR) on June 28th, 2012 at $51.56. In approximately 7 months, Dollar Tree has returned 25.95% as of today's recent price of $38.18.

In the past 52 weeks, Dollar Tree share prices have been bracketed by a low of $30.00 and a high of $56.81 and are now at $38.17, 27% above that low price. The 200-day and 50-day moving averages have moved 0.24% lower and 0.06% higher over the past week, respectively.

Dollar Tree, Inc. operates a discount variety store chain. The Company sells an assortment of everyday general merchandise. Dollar Tree sells its merchandise at the $1.00 price point. The Company operates throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Dollar Tree.

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