Pre-Market Technical Scan on Discount, Variety Stores Equities -- Dollar General, Fred's, Ollie's Bargain Outlet, and Walmart

NEW YORK, March 26, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on DG, FRED, OLLI, and WMT which can be accessed for free by signing up to www.wallstequities.com/registration. For today, WallStEquities.com covers the following Discount Variety Stores stocks: Dollar General Corp. (NYSE: DG), Fred's Inc. (NASDAQ: FRED), Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI), and Walmart Inc. (NYSE: WMT). According to an IBISWorld report, the US Dollar and Variety Stores industry has performed strongly over the five years to 2018. While it was uncertain if the industry would remain in high demand following the economic recession, its operators have made several changes to their operational strategy to sustain growth rates. Over the five years to 2023, IBISWorld expects the industry to fully transition into a mature one. All you have to do is sign up today for this free limited time offer by clicking the link below.

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Dollar General

Last Friday, Goodlettsville, Tennessee-based Dollar General Corp.'s stock declined 1.84%, to close the day at $90.06. A total volume of 2.58 million shares was traded. The Company's shares have advanced 30.71% over the past year. The stock is trading 6.96% above its 200-day moving average. Additionally, shares of Dollar General, which provides various merchandise products in the southern, southwestern, midwestern, and eastern US, have a Relative Strength Index (RSI) of 40.33. 

On March 08^th, 2018, Dollar General announced a new paid parental leave policy and adoption assistance benefit. Effective April 01^st, 2018, these new benefits will be available for qualifying events to all eligible full-time and part-time employees throughout the Company's more than 14,000 retail locations, 15 distribution centers, and the corporate offices. Get the full research report on DG for free by clicking below at: www.wallstequities.com/registration/?symbol=DG

Fred's

Shares in Memphis, Tennessee headquartered Fred's Inc. jumped 9.56%, finishing Friday's session at $2.75. The stock recorded a trading volume of 1.20 million shares, which was above its three months average volume of 996,800 shares. The Company's shares are trading below their 50-day moving average by 16.73%. Furthermore, shares of Fred's, which together with its subsidiaries, sells general merchandise through its retail discount stores and full-service pharmacies, have an RSI of 39.89. Free research on FRED can be accessed at: www.wallstequities.com/registration/?symbol=FRED

Ollie's Bargain Outlet Holdings

Harrisburg, Pennsylvania headquartered Ollie's Bargain Outlet Holdings Inc.'s stock finished 0.09% higher at $58.25 last Friday at the close. A total volume of 470,095 shares was traded. The Company's shares have advanced 0.69% in the past month, 10.74% in the previous three months, and 78.68% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.73% and 20.46%, respectively. Additionally, shares of the Company, which operates as a retailer of brand name merchandise, have an RSI of 47.32. 

On March 15^th, 2018, Ollie's Bargain Outlet Holdings announced that the Company will release its financial results for the fourth quarter and full year fiscal 2017 on Wednesday, April 04^th, 2018, after the market closes. Management will host a conference call at 4:30 p.m. ET that same day to discuss the results. The live webcast and replay of the conference can be accessed under the Investor Relations section of the Company's website. Visit WallStEquities.com now and sign up for the free research on OLLI at: www.wallstequities.com/registration/?symbol=OLLI

Walmart

Bentonville, Arkansas headquartered Walmart Inc.'s shares ended the session 1.97% lower at $85.42. The stock recorded a trading volume of 10.09 million shares. Shares of the Company have advanced 22.27% over the past year. The stock is trading 2.82% below its 200-day moving average. Moreover, shares of Walmart, which operates retail stores in various formats worldwide, have an RSI of 30.25. 

On February 26^th, 2018, research firm Credit Suisse initiated a 'Neutral' rating on the Company's stock.

On March 14^th, 2018, Walmart announced plans to expand its popular Online Grocery Delivery option to more than 40% of US households by the end of the year. The service, made available that day in six markets, will grow to serve more than 100 metro areas across the US. The free technical report on WMT is available at: www.wallstequities.com/registration/?symbol=WMT

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