Dollar Tree stock: buy or sell

DLTR stock price: $105.70 -0.63% At close on Jan 26th, 2021

Updated on:
Jan 27th, 2021

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Dollar Tree stock brief

  • Dollar Tree stock only changed -0.63% to close at $105.70 on the stock market on Tuesday.
  • The stock is configuring an uptrend pattern since September 2020, when it bottomed at $84.41. Up to date, shares marked a 25.22% profit since the beginning of this rally
  • Dollar Tree, Inc. operates discount variety retail stores. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00.

Should I buy Dollar Tree stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $DLTR stock a buy?

In the current situation of Dollar Tree there is not any eligible buy setup. This doesn't mean we expect a selloff for $DLTR in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Dollar Tree stock?

"To sell or not to sell", if you are holding Dollar Tree stock?. In the same way as when we have to buy shares, choosing when is appropiate to sell is not a whimsical decision, and we must adhere our own trading style. When selling, as well as buying, detailed strategies are very simple to use but are only applicable for selling stocks in your porfolio, not for shorting $DLTR stock

As a rule of thumb, you must never mantain an open trade that results in higher than expected losses at the time of purchase. The timing to sell shares always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Dollar Tree stock?

In the current situation of Dollar Tree there is not any eligible sell setup, so Dollar Tree stock holders with operations in green can keep their positions

Price lost SMA50 level

Dollar Tree shares' price gained 16.31% in a month during the time it was above the 50-d MA. Nonetheless that positive trend may have ended, or be showing evidences of exhaustion, by now that the price dropped below that moving average threshold on Monday. For medium-term investors who benefited from the gains during the time the price was over the average, this flag should be a heads up and a trigger to sell the shares and cash in on their profits

Dollar Tree ratings

We don't have any rating posted in the previous month for Dollar Tree

Dollar Tree stock analysis

Dollar Tree shares started an uptrend in September 2020, and gained a gorgeous 25.22%. During this uptrend, the price provided some entry points on the breakouts. Latest low was on January 4, when price bounced at $105.31. Like in all uptrends, price needs to rest and now price is consolidating the gains in a range between $115.45 and $105.31

SMAs overview

DLTR stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $106.58 (0.83% above)
  • R2: $109.57 (3.66% above)
  • R3: $111.61 (5.59% above)
  • The current support levels are:

  • S1: $105.31 (-0.37% below)
  • S2: $104.64 (-1.00% below)
  • S3: $101.75 (-3.74% below)
  • Bollinger bands

    The price is moving very close to the lower Bollinger band, indicating some level of oversold in recent sessions. This is not a buy point, as price can move in these levels for many days and weeks

    DLTR stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in early December after just crossing to the overbough zone for just one day (weak signal). The RSI reading on Tuesday was 41.24. Dollar Tree price sank a 5.58% since RSI lost the overbought zone

    DLTR stock RSI chart

    Dollar Tree stock price history

    Dollar Tree IPO was on Mar 7th, 1995 priced at $1.12 per share1. Since then, DLTR stock has risen by 9,337.50%, with an average of 373.50% per year. If you had invested thousand dollars in Dollar Tree stock at that time, it would worth $94,375.00 today.

    1: Adjusted price after possible price splits or reverse-splits

    DLTR stock price history chart

    Price target for Dollar Tree stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.

    The following table shows the price forecasts released by analysts in the last 30 days. Again, these targets are not direct recommendations for individual traders and must not be followed blindly.

    We don't have any target price published in the last 4 weeks for Dollar Tree.

    Earnings and financials

    Last November, Dollar Tree ($DLTR) hosted the quarterly financial event and presented the report. Dollar Tree posted earnings of $1.39 per share on revenue of $6.2 billion. The market estimate was $1.15 per share on revenue of $6.1 billion.

    In contrast, the EPS for the same quarter last year was $1.08, so current EPS means a improvement of 28.70%. Looking at revenues, figures grew a 7.50% compared to $57.5B same quarter last year.

    Dollar Tree ($DLTR) presents quarterly financial report next March. Estimated for this quarter is $2.11, compared to $1.39 that was reported for Q3.

    Dollar Tree performance

    DLTR performance compared
    Company1m3m6m
    Dollar Tree ($DLTR) -2.00% 11.40% 10.90%

    Disclaimer:
    The opinions expressed in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this report does not know the specific circumstances of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for education reasons only

    Dollar Tree summary

    Tuesday, January 26th, 2021
    Open$106.26
    Close$105.7
    Day range$104.94 - $106.78
    Previous close$106.37
    Session gain-0.63%
    Average true range$3.53
    50d mov avg$107.58
    100d mov avg$99.70
    200d mov avg$94.63
    Earnings dateMarch 3rd, 2021

    Frequently asked questions

    What is Dollar Tree stock symbol?

    Dollar Tree, Inc. is a public company trading in the US stock market with the DLTR symbol

    Is Dollar Tree stock a buy or sell?

    Dollar Tree had no ratings in the last 4 weeks Read the article to get additional tips on trading DLTR stock.

    Will DLTR go up?

    There were no price targets issued by market analysts in the last 4 weeks for Dollar Tree.