Market Review: Watching the Average Opinion Indicators for Dollar General Corp (DG)

Watching last month’s opinion reading on shares of Dollar General Corp (DG), we see that the signal is 72% Buy. This is the combined signal for the previous month when applying a wide array of studies based on price movement. Using these same guidelines, the signal for last week stands at 56% Buy, and 96% Buy for the previous trading session. Investors may also be interested in the strength and direction of the opinion signals. The opinion direction is currently Average. This is a measurement over the past three trading sessions that provides an indication of whether the latest recent price movement is following the signal. A Buy or Sell signal with a “Strongest” direction indicates that the signal is gaining strength. The opinion strength signal is presently reading Maximum. This is a longer-term gauge verse the historical strength.

Active investors are constantly weighing risk and return when trading in the stock market. Every investor has to evaluate their risk appetite at some point. The amount of risk an investor is willing to take on can have a large impact on expected future returns. Some people may be much more comfortable with riskier investments than others. This can greatly vary from one person to the next. Once the individual investor is comfortable with the amount of money on the table, they should be able to spend their energies focused on finding a winning strategy. Finding a winning strategy may involve many different aspects of stock research. Following a plan may help investors plow through downturns in the markets, and being able to change the plan when things aren’t working can also be a help to longer-term portfolio health.

Shifting the gaze to some longer-term technical indicators, we can see that Dollar General Corp currently has a 60-day commodity channel index signal of Buy. The CCI indicator is typically used to scope out overbought and oversold levels. The 100-day moving average verse price signal is Buy.

Investors are constantly striving to get on top in the stock market. Everyone wants to find that next winner to jumpstart the portfolio. Investors often identify risk preference when trying to sort out asset allocation. Typically, a greater amount of risk may provide a greater chance for growth. Many investors may struggle with the concept of keeping emotion out of choosing stocks. Equity research often requires a high degree of patience, dedication, and practice. Learning everything possible about the markets can help the individual build a good base to work with. Being able to sort out the data to determine what is relevant information can help with those tough investment decisions.

Tracking current trading session activity on shares of Dollar General Corp (DG), we can see that the stock price recently hit 121.81. Since the start of the session, the stock has topped out with a high of 122.64 and bottomed with a low of 121.38. Going further, we note that the company’s current book value is 24.41. The book value is the per share value of a company based on its equity available to common shareholders for the trailing 12 months.

Making smart choices when picking stocks is typically a top priority for successful investors. For new investors with little market knowledge, this can be challenging. Figuring out how to start building the stock portfolio may take a lot of time and effort. When the individual investor decides that they want to manage their own portfolio and make their own trades, the journey has just begun. Many individuals will be tempted to pursue stock trading plans based on advice from friends, colleagues, or family members. Even though certain plans may work for someone else, there is no guarantee that success will transfer to others. Investors often need to do their own research in order to obtain as much knowledge as possible before diving in to the markets.

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