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Asset Summary

Weekly Performance Report for DG ETF: Week 50, 2024

Summary: The Weekly started with DG ETF opening at $81.59 and closing at $78.42. The ETF showed weakness throughout the Weekly, with the highest price observed at $82.98 and the lowest at $77.94. The underlying asset had a trading range of $5.04 Overall, it was a negative trading Weekly for DG ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-3.17 or -3.89% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for DG ETF was 12,816,324 units during Week 50, indicating active market participation and investor interest.

Opening Price: The Weekly started at $81.59.

Highest Price: The highest price observed during the Weekly was $82.98.

Lowest Price: The lowest price observed during the Weekly was $77.94.

Closing Price: The Weekly ended at $78.42.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

You can find the latest earnings results on Dollar General’s investor relations website or through their quarterly earnings reports.

Dollar General emphasizes a commitment to serving customers, maintaining integrity, and fostering a positive workplace culture.

Market capitalization is subject to change; check financial news websites for the latest data on DG’s market cap.

For the latest news and updates, visit Dollar General’s official website or their press release section.

Factors include sales performance, economic conditions, competition in the retail sector, and consumer spending trends.

News can be found on financial news platforms, Dollar General’s official website, and through press releases.

Dollar General aims to grow by expanding its store footprint, enhancing product offerings, and leveraging data analytics to improve operations.

Dollar General is enhancing its online presence and offering delivery services to meet changing consumer shopping behaviors.

Analysts provide ratings and forecasts for DG stock; check investment research platforms for the latest insights.

Dollar General is focusing on opening new stores in underserved areas and optimizing existing locations to better serve customers.

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