Large Inflow of Money Witnessed in Dollar Tree

Dollar Tree (DLTR) : The money flow analysis of Dollar Tree (DLTR) indicates a $18.49 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $22.85 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.24 and so was the total money flow at $4.36 million. A solid up-down ratio of 3.93 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $4.91 million worth of block trades on upticks. Only $1.25 million worth of the stock exchanged hands on downticks. The money flow was $3.66 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Dollar Tree (DLTR), pushing it down by -0.24% for the day. The stock slid $0.23 and traded at $94.63 during the day. Nonetheless, the stock is 0.91% over the previous weeks close.


Dollar Tree (DLTR) : Currently there are 15 street experts covering Dollar Tree (DLTR) stock. The most bullish and bearish price target for the stock is $106 and $80 respectively for the short term. The average price target of all the analysts comes to $95.88. The estimated standard deviation from the target is $8.25. The stock has recorded a 20-day Moving Average of 2.41% and the 50-Day Moving Average is 9.59%.

Dollar Tree (NASDAQ:DLTR): The stock opened at $94.63 on Thursday but the bulls could not build on the opening and the stock topped out at $94.85 for the day. The stock traded down to $93.70 during the day, due to lack of any buying support eventually closed down at $94.63 with a loss of -0.24% for the day. The stock had closed at $94.86 on the previous day. The total traded volume was 1,005,641 shares.

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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