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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 $237.37 on a volume of 646K 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.

Over the past year, Domino'S Pizza has traded in a range of $120.97 to $253.47 and is now at $251.22, 108% above that low. 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 subscribers consider buying shares of Domino'S Pizza on February 16th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $218.19. Since that recommendation, shares of Domino'S Pizza have risen 7.0%. We continue to monitor DPZ for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses domino's pizza

Ticker(s): DPZ