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Bullish Moving Average Cross by Domino'S Pizza (DPZ)

By Nick Russo

Today, shares of Domino'S Pizza (NYSE:DPZ) have advanced above their 10-day MA of $193.38 on a volume of 408K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Domino'S Pizza share prices have moved between a 52-week high of $221.58 and a 52-week low of $120.97 and are now trading 63% above that low price at $197.00 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Domino'S Pizza on July 6th, 2017 by issuing a Downtrend alert when the shares were trading at $207.71. Since that call, shares of Domino'S Pizza have fallen 7.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses domino's pizza

Ticker(s): DPZ