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Domino's Pizza Crosses Above its 10-day MA (DPZ)

By Amy Schwartz

Today, shares of Domino's Pizza (NYSE:DPZ) have advanced above their 10-day MA of $151.64 on a volume of 249K shares. This may provide short-term investors a chance 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 $99.00 to $155.10 and is now at $152.76, 54% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Domino's Pizza on June 20th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $127.96. Since that recommendation, shares of Domino's Pizza have risen 18.1%. 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