Dollar Tree's most recent trend suggests a bearish bias. One trading opportunity on Dollar Tree is a Bear Call Spread using a strike $90.00 short call and a strike $100.00 long call offers a potential 15.61% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $8.65 would be incurred if the stock rose above the $100.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Dollar Tree is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Dollar Tree is bearish.
The RSI indicator is at 34.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Dollar Tree
Rising Shipping Costs Are Companies’ Latest Inflation Riddle
Thu, 16 Sep 2021 20:08:00 +0000
From Michelin tires to Pampers diapers, transportation expenses are working their way through global supply chains.
Shop early and expect to pay more: Supply-chain issues could be a stumbling block to upbeat holiday shopping forecasts
Wed, 15 Sep 2021 20:22:00 +0000
Holiday retail-sales forecasts have started rolling in, with Deloitte expecting sales to grow 7% to 9% from a year ago, totaling between $1.28 trillion and $1.3 trillion. Mastercard SpendingPulse (MA) is forecasting a 7.4% retail-sales rise for the season, excluding automobiles and gas. Many of the hurdles can be traced back to the COVID-19 pandemic, which has caused supply-chain problems across everything from clothing to shoes to food for 20-plus months.
Bear of the Day: Dollar Tree, Inc. (DLTR)
Tue, 14 Sep 2021 09:00:09 +0000
Wall Street dumped the stock after the discount retailer warned about supply-chain setbacks and rising costs possibly impacting its profits…
3 Beaten-Up Stocks for Bargain Hunters
Wed, 08 Sep 2021 12:31:00 +0000
Three stocks that have been falling in recent weeks that could be great buys today are Amgen (NASDAQ: AMGN), Alibaba Group Holdings (NYSE: BABA), and Dollar Tree (NASDAQ: DLTR). Drugmaker Amgen is a relatively cheap stock to own today, trading at a price-to-earnings (P/E) multiple of 23 (the average stock in the Health Care Select Sector SPDR Fund is trading at 27 times its profits). During the first three months of the year, Amgen's revenue of $5.9 billion declined 4% year over year; the company blamed the poor results on the pandemic and patient visits being down.
Dollar Tree Announces Participation in the Goldman Sachs 28th Annual Global Retailing Conference
Tue, 07 Sep 2021 20:30:00 +0000
CHESAPEAKE, Va., September 07, 2021–Dollar Tree, Inc. (NASDAQ: DLTR) today announced that the Company will be participating virtually in the Goldman Sachs 28th Annual Global Retailing Conference.
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