• Return to Headlines

Dillard's: New 52-Week Low Set Today (DDS)

By Nick Russo

Dillard's (NYSE:DDS) traded today at a new 52-week low of $56.00. This new low was reached on above average trading volume as 671,000 shares traded hands, while the average 30-day volume is approximately 444,000 shares.

Potential upside of 34.1% exists for Dillard's, based on a current level of $56.24 and analysts' average consensus price target of $75.40. The stock should find initial resistance at its 50-day moving average (MA) of $79.19 and further resistance at its 200-day MA of $81.48.

Dillard's, Inc. operates retail department stores located primarily in the southwestern, southeastern, and midwestern United States. The Company offers name-brand and private-label merchandise, including fashion apparel and home furnishings.

Dillard's share prices have moved between a 52-week high of $133.92 and the current low of $56.00 and are currently at $56.24 per share. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Dillard's on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $80.58. Since that call, shares of Dillard's have fallen 24.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows dillard's

Ticker(s): DDS