Barchart.com's Chart of the Day - Dollar Tree
Related Stocks
 DLTR - Dollar Tree Inc
SymLastChgPct
DLTR108.75+0.35+0.32%

The Barchart Chart of the Day belongs to the discount retail company Dollar Tree (DLTR). I found the stock by using Barchart's powerful screening tools to find a list of stocks with the highest Weighted Alpha and best technical buy signals, then sorted that list by the most frequent number of new highs in the last month. I next used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/5 the stock gained 8.91%.

Dollar Tree is the largest and most successful single-price-point retailer in North America. Dollar Tree, Inc. is a customer-oriented, value-driven variety store operating at a one dollar price point.

DLTR

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 38.04+ Weighted Alpha
  • 36.91% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 5.17% in the last month
  • Relative Strength Index 67.11%
  • Technical support level at 116.14
  • Recently trade at 117.12 with a 50 day moving average of 106.42

Fundamental factors:

  • Market Cap $27.66 billion
  • P/E 22.54
  • Revenue expected to grow 3.80% this year and another 4.70% next year
  • Earnings estimated to increase 17.20% next year and continue to compound at an annual rate of 6.92% for the next 5 years
  • Wall Street analysts issued 8 strong buy, 7 buy and 11 hold recommendations on the stock
  • The individual investors following the stock on Motley Fool voted 517 to 51 that the stock will beat the market
  • 22,828 investors are monitoring the stock on Seeking Alpha