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Dollar General C Crosses Above its 10-day MA (DG)

By James Quinn

Today, shares of Dollar General C (NYSE:DG) have advanced above their 10-day MA of $117.31 on a volume of 327K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Dollar General C have traded between a low of $86.87 and a high of $121.27 and are now at $117.94, which is 36% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Dollar General C on December 28th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $107.39. Since that recommendation, shares of Dollar General C have risen 9.1%. We continue to monitor DG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dollar general c

Ticker(s): DG