DLTR Rides Bullish EMAs Higher to $123.95

Dollar Tree Inc (DLTR) closed up 1.59% at $123.95 on December 27.

Technical indicators paint a mixed picture:

• Moving Averages: Price trades above the 9-day EMA ($123.89) with a bullish stack. The 21-day EMA at $120.67 provides support.
• Momentum: RSI at 59.8 is in neutral territory but trending lower. MACD is bearish (4.68 vs signal 5.82).
• Volatility: Bollinger Band width at 22.9% indicates normal volatility.

While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.

Key levels to watch: Support at $107.95, Resistance at $135.89.