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Dollar Tree (DLTR, $128.98) raises prices above a dollar
Dollar Tree is now selling goods at a buck and a quarter.
According to several social media posts, consumers are not satisfied about the discount retail company’s planned price increase.
In November, Dollar Tree said that it planned to implement price hikes that would lead to a midpoint of $1.25. In late September, the company revealed plans to test the sale of goods priced at $3 and $5, alongside its traditional $1 offerings, in 500 "Dollar Tree Plus" stores by year's end; another 1,500 is planned for fiscal 2022.
Dollar Tree announced on Tuesday that they had a very positive response from the “overwhelming majority” of customers around the $1.25 price point and the “extreme value and broader product selection it has enabled, especially in these inflationary times."
DLTR's Stochastic Oscillator remains in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Current price $159.40 crossed the resistance line at $151.93 and is trading between $253.65 support and $151.93 resistance lines. Throughout the month of 04/12/22 - 05/13/22, the price experienced a -5% Downtrend. During the week of 05/06/22 - 05/13/22, the stock fell -3%.
Following a +2.13% 3-day Advance, the price is estimated to grow further. Considering data from situations where DLTR advanced for three days, in 210 of 319 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.
DLTR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 201 of 301 cases where DLTR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 67%.
The 10-day RSI Indicator for DLTR moved out of overbought territory on April 22, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In 30 of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at 70%.
The Momentum Indicator moved below the 0 level on April 27, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on DLTR as a result. In 47 of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 61%.
The Moving Average Convergence Divergence Histogram (MACD) for DLTR turned negative on April 25, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 38 similar instances when the indicator turned negative. In 22 of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at 58%.
DLTR moved below its 50-day Moving Average on May 10, 2022 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DLTR declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 54%.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 49%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.01.
The Tickeron PE Growth Rating for this company is 10 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 13 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 54, placing this stock better than average.
The Tickeron SMR rating for this company is 28 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 39 (best 1 - 100 worst), indicating steady price growth. DLTR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 81 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.649) is normal, around the industry mean (66.892). P/E Ratio (27.473) is within average values for comparable stocks, (24.536). DLTR's Projected Growth (PEG Ratio) (1.079) is slightly lower than the industry average of (2.163). DLTR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.020). P/S Ratio (1.387) is also within normal values, averaging (1.151).
Companies in the discount stores industry specialize in offering substantial discounts on a vast array of retail products. Some companies in this industry also operate general merchandise warehouse clubs. Products sold at discount stores are typically similar to those of any department store, but the pricing of the goods is generally much lower (and hence the name “discount”). Think Dollar General Corporation, Dollar Tree, Inc. and Five Below, Inc. Many discount stores target low-income households and/or price-sensitive consumers as their potential market. Discount stores’ profitability could hinge on factors like competitive pricing, sufficient locations, healthy revenue per square foot, and effective advertisement. These store operators could have an edge over other retailers during financial crises or recessions, when many consumers could be looking for less expensive alternatives.
The average market capitalization across the Discount Stores Industry is 55.5B. The market cap for tickers in the group ranges from 2.2M to 406B. WMT holds the highest valuation in this group at 406B. The lowest valued company is FRED at 2.2M.
The average weekly price growth across all stocks in the Discount Stores Industry was -0.99%. For the same Industry, the average monthly price growth was -9.3%, and the average quarterly price growth was -11.31%. BIG experienced the highest price growth at 8.1%, while TUEM experienced the biggest fall at -22.81%.
- 5/12/22 5:38 AM: Dollar Tree (DLTR, $156.07) was a top loser this week, declining -5.87%
- 3/9/22 8:09 AM: Dollar Tree (DLTR, $146.8) was a top weekly gainer, with a +5.07% jump. Expect an Uptrend continuation
The average weekly volume growth across all stocks in the Discount Stores Industry was -26.9%. For the same stocks of the Industry, the average monthly volume growth was -16.5% and the average quarterly volume growth was 1.02%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the Aroon Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 45%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.36.
9 stocks in the group of tickers exhibit a similar negative trend based on the 15 indicator with an average likelihood of 60%.
The most notable companies in this group are Walmart (NYSE:WMT), Costco Wholesale Corp (NASDAQ:COST), Target Corp (NYSE:TGT), Dollar General Corp (NYSE:DG), Dollar Tree (NASDAQ:DLTR), Big Lots (NYSE:BIG).
The average market capitalization across the group is 61.4B. The market cap for tickers in the group ranges from 56.6M to 407.5B. WMT holds the highest valuation in this group at 407.5B. The lowest valued company is TUEM at 56.6M.
The average weekly price growth across all stocks in the group was -1.17%. For the same group, the average monthly price growth was -10.11%, and the average quarterly price growth was -12.48%. BIG experienced the highest price growth at 8.1%, while TUEM experienced the biggest fall at -22.81%.
- 5/12/22 5:38 AM: Dollar Tree (DLTR, $156.07) was a top loser this week, declining -5.87%
- 5/11/22 7:46 AM: Target (TGT, $219.11) was a top loser this week, declining -5.78%. Expect a Downtrend reversal
- 5/10/22 5:36 AM: Big Lots (BIG, $34.24) was a top weekly gainer, with a +5.03% jump. Expect an Uptrend reversal
The average weekly volume growth across all stocks in the group was 99.41%. For the same stocks of the group, the average monthly volume growth was 208.5% and the average quarterly volume growth was 80.69%
- 5/13/22 4:50 AM: The volume for Tuesday Morning stock increased for one day, resulting in a record-breaking daily growth of 346% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Walmart (NYSE:WMT), Costco Wholesale Corp (NASDAQ:COST), Target Corp (NYSE:TGT), Dollar General Corp (NYSE:DG), Dollar Tree (NASDAQ:DLTR), Big Lots (NYSE:BIG).
Companies in the discount stores industry specialize in offering substantial discounts on a vast array of retail products. Some companies in this industry also operate general merchandise warehouse clubs. Products sold at discount stores are typically similar to those of any department store, but the pricing of the goods is generally much lower (and hence the name “discount”). Think Dollar General Corporation, Dollar Tree, Inc. and Five Below, Inc. Many discount stores target low-income households and/or price-sensitive consumers as their potential market. Discount stores’ profitability could hinge on factors like competitive pricing, sufficient locations, healthy revenue per square foot, and effective advertisement. These store operators could have an edge over other retailers during financial crises or recessions, when many consumers could be looking for less expensive alternatives.
The average market capitalization across the Discount Stores Industry is 55.7B. The market cap for tickers in the group ranges from 2.2M to 407.5B. WMT holds the highest valuation in this group at 407.5B. The lowest valued company is FRED at 2.2M.
The average weekly price growth across all stocks in the Discount Stores Industry was -0.99%. For the same Industry, the average monthly price growth was -9.3%, and the average quarterly price growth was -11.31%. BIG experienced the highest price growth at 8.1%, while TUEM experienced the biggest fall at -22.81%.
- 5/12/22 5:38 AM: Dollar Tree (DLTR, $156.07) was a top loser this week, declining -5.87%
- 5/11/22 7:46 AM: Target (TGT, $219.11) was a top loser this week, declining -5.78%. Expect a Downtrend reversal
- 5/10/22 5:36 AM: Big Lots (BIG, $34.24) was a top weekly gainer, with a +5.03% jump. Expect an Uptrend reversal
The average weekly volume growth across all stocks in the Discount Stores Industry was -26.9%. For the same stocks of the Industry, the average monthly volume growth was -16.5% and the average quarterly volume growth was 1.02%
- 5/13/22 4:50 AM: The volume for Tuesday Morning stock increased for one day, resulting in a record-breaking daily growth of 346% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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