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Is Dollar General Corp (DG) Stock About to Get Hot Thursday?

Thursday, March 28, 2024 03:10 PM | InvestorsObserver Analysts

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Is Dollar General Corp (DG) Stock About to Get Hot Thursday?

Dollar General Corp (DG) stock has risen 0.94% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Dollar General Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DG!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With DG Stock Today?

Dollar General Corp (DG) stock is trading at $155.71 as of 2:52 PM on Thursday, Mar 28, an increase of $1.50, or 0.97% from the previous closing price of $154.21. The stock has traded between $153.64 and $156.57 so far today. Volume today is less active than usual. So far 830,785 shares have traded compared to average volume of 2,622,019 shares.

More About Dollar General Corp

We strive to make shopping hassle-free and affordable with more than 18000 convenient easy-to-shop stores in 47 states. Our stores deliver everyday low prices on items including food snacks health and beauty aids cleaning supplies basic apparel housewares seasonal items paper products and much more from Americas most-trusted brands and products along with high-quality private brands. From serving our customers with value and convenience and our employees with career opportunities to serving the communities we call home through literacy and education Dollar General has been committed to its mission of Serving Others since the companys founding in 1939. Click Here to get the full Stock Report for Dollar General Corp stock.

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