In a welcome move, Dollar General stock saw its Relative Strength Rating rise from 70 to 74 on Monday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best-performing stocks typically have an RS Rating of over 80 in the early stages of their moves. See if Dollar General stock can continue to rebound and clear that threshold.
Is Dollar General Stock A Buy?
Dollar General stock is trying to complete a flat base with a 97.85 buy point. See if the retail stock can clear the breakout price in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The discount retailer reported -52% earnings growth last quarter. Sales increased 5%. The next quarterly results are expected on or around Jun. 3.
Dollar General stock holds the No. 6 rank among its peers in the Retail-Discount & Variety industry group. MINISO Group Holding ADR, BJ's Wholesale Club and Ollie's Bargain Outlet are among the top 5 highly rated stocks within the group.
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