Dollar Tree (DLTR) Shares are Up 1.9%

Dollar Tree (DLTR) has been under a strong bear grip, hence the stock is down -2.01% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.27% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.9% in the last 1 week, and is up 4.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Dollar Tree (NASDAQ:DLTR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $95.06 and $94.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $96.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $96.13, notching a gain of 1.55% for the day. The total traded volume was 1,687,962 . The stock had closed at $94.66 on the previous day.


The stock has recorded a 20-day Moving Average of 1.98% and the 50-Day Moving Average is 7.54%. Dollar Tree, Inc. is up 18.75% in the last 3-month period. Year-to-Date the stock performance stands at 24.49%.

Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic, everyday items with seasonal, closeout and promotional merchandise. As of July 06, 2015, the Company operated more than 13,600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar. Dollar Trees consumable merchandise includes candy and food health and beauty care and everyday consumables, such as paper and chemicals, and in select stores frozen and refrigerated food. The Companys variety merchandise includes toys, durable housewares, gifts, party goods, greeting cards, softlines and other items. Its seasonal goods include Valentines Day, Easter, Halloween and Christmas merchandise.

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