American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Dollar General price returns lower - Forecast today - 09-05-2024

Economies.com
2024-05-09 11:17AM UTC

Dollar General Corporation’s stock (DG) returned lower in the intraday levels, after the resistance of $139.80, amid the dominance of the downward correctional trend, while hurt by piercing the upward correctional trend line previously in the short term, with negative pressure from the 50-day SMA, after managing to vent off oversold saturation in the RSI. 

 

Therefore we expect more losses for the stock, targeting the support of $128.75, provided it settles below $139.80. 

 

Trend forecast: Bearish 

Stocks Technical Analysis

United States Analysis

Stocks

Oracke stock price shakes off negative pressures - Forecast today - 20-05-2024
2024-05-20 10:33AM UTC
Oracle Corporation’s stock price (ORCL) kept rising in the intraday levels, shaking off ...
United States Analysis

Stocks

Docusign price returns higher - Forecast today - 20-05-2024
2024-05-20 10:33AM UTC
Docusign’s stock price (DOCU) returned higher in the intraday levels, amid the dominance of ...
United States Analysis

Stocks

Enphase Energy price emits more signs of weakness - Forecast today - 20-05-2024
2024-05-20 10:32AM UTC
Enphase Energy’s stock price (ENPH) fell in the intraday levels, amid the dominance of the ...