Technical Analysis for DOL - Dollarama Inc.

Grade Last Price % Change Price Change
A 122.280 0.72% 0.880
DOL closed up 0.72 percent on Thursday, May 16, 2024, on 88 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Jun 5
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 0.72%
New 52 Week High Strength 0.72%
Multiple of Ten Bullish Other 0.72%

   Recent Intraday Alerts

Alert Time
Rose Above Upper Bollinger Band about 19 hours ago
Up 1% about 19 hours ago
Rose Above Previous Day's High about 19 hours ago
New 52 Week High about 19 hours ago
Upper Bollinger Band Resistance 2 days ago

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Profile

Dollarama Inc. Description

Dollarama Inc. is a Canada-based holding company. The Company operates dollar stores. It has approximately 1,030 stores in operation in Canada. Its stores have an average area of approximately 9,942 square feet, and offer a range of consumer products, general merchandise and seasonal items, including private label and nationally branded products. Its merchandise is sold in individual or multiple units. The Company's stores are located in metropolitan areas, mid-sized cities and towns. Its general merchandise includes party supplies, office supplies, arts and craft supplies, greeting cards and stationery, giftware, household wares, kitchenware, glassware, hardware and electronics, toys and apparel. Its consumable products include household consumables, such as paper, plastics, foils and cleaning supplies, basic health and beauty care products, pet food, confectionery, drinks, snacks and other food products. Its seasonal products include Halloween and the winter holidays merchandise.


Classification

Sector: Consumer Defensive
Industry: Discount Stores
Keywords: Oil Health Marketing S&P/Tsx 60 Index Food Retailers Paper Retailing Electronics Hardware Consumer Products Drink Glass Franchises Label Plastic Drinks Oils Cleaning Food Products Merchandising Kitchen Plastics Snack Consumables Pet Food Seasonal Products Shops Stationery Variety Stores

Is DOL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 123.42
52 Week Low 80.5592
Average Volume 512,326
200-Day Moving Average 99.278
50-Day Moving Average 110.855
20-Day Moving Average 117.245
10-Day Moving Average 119.468
Average True Range 2.039
RSI (14) 72.22
ADX 39.21
+DI 34.351
-DI 7.915
Chandelier Exit (Long, 3 ATRs) 117.304
Chandelier Exit (Short, 3 ATRs) 117.366
Upper Bollinger Bands 122.522
Lower Bollinger Band 111.967
Percent B (%b) 0.98
BandWidth 9.002
MACD Line 2.918
MACD Signal Line 2.746
MACD Histogram 0.1722
Fundamentals Value
Market Cap 38.04 Billion
Num Shares 311 Million
EPS 1.73
Price-to-Earnings (P/E) Ratio 70.60
Price-to-Sales 4.28
Price-to-Book 143.15
PEG Ratio 1.86
Dividend 0.18
Dividend Yield 0.15%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 124.575
Resistance 3 (R3) 124.700 124.060 124.193
Resistance 2 (R2) 124.060 123.476 123.998 124.065
Resistance 1 (R1) 123.170 123.114 123.615 123.045 123.937
Pivot Point 122.530 122.530 122.753 122.468 122.530
Support 1 (S1) 121.640 121.946 122.085 121.515 120.623
Support 2 (S2) 121.000 121.584 120.938 120.495
Support 3 (S3) 120.110 121.000 120.368
Support 4 (S4) 119.985