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Domino'S Pizza Bullish Moving Average Crossover Alert (DPZ)

By Nick Russo

Today, shares of Domino'S Pizza (NYSE:DPZ) have crossed bullishly above their 10-day moving average of $183.06 on a volume of 140K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Domino'S Pizza have traded between a low of $120.97 and a high of $221.58 and are now at $184.05, which is 52% above that low price. 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 12.3%. 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