Signal: Buy the Dip on Dollar General Stock

1 hour ago 6

Patrick Martin

Mon, May 11, 2026 astatine 12:31 PM CDT 1 min read

Dollar General Corp (NYSE:DG) banal is down 5.3% to commercialized astatine $107.07, extending its year-to-date shortage to 20%. Shares are trading astatine their lowest level since Dec. 4, however, the pullback has the discount retailer testing a historically bullish trendline.

According to Schaeffer's Senior Quantitative Analyst Rocky White, shares are wrong 0.75 of the 320-day moving average's 20-day mean existent scope (ATR), aft remaining supra it 80% of the clip successful the past 2 weeks and successful 80% of the past 42 trading sessions. This awesome has occurred 9 times successful the past 10 years, aft which DG was higher 1 period aboriginal successful 78% of the time, averaging a 6.6% win.

DG Chart

DG Chart

A determination of akin magnitude would astir capable the stock's 7.7% monthly drawdown. Longer term, the shares are up 16.4% successful the past 12 months. Keep an oculus connected DG's 14-Day Relative Strength Index (RSI) of 28, connected the cusp of "oversold" territory.

With net not until June, options are affordably priced. DG's Schaeffer's Volatility Index (SVI) of 36% that sits higher than 22% of readings from the past year. In different words, near-term enactment traders are present pricing successful debased volatility expectations.

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