• Return to Headlines

Shares of Dillard's Has Fallen Below Previous 52-Week Low

By Nick Russo

Shares of Dillard's (NYSE:DDS) traded today at $48.87, breaking its 52-week low. So far today approximately 84,000 shares have been exchanged, as compared to an average 30-day volume of 444,000 shares.

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.

There is potential upside of 1.6% for shares of Dillard's based on a current price of $49.06 and an average consensus analyst price target of $49.83. The stock should run into initial resistance at its 50-day moving average (MA) of $79.19 and subsequent resistance at its 200-day MA of $81.48.

In the past 52 weeks, shares of Dillard's have traded between the current low of $48.87 and a high of $133.92 and are now at $49.06. Over the last five market days, 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 February 22nd, 2017 by issuing a Downtrend alert when the shares were trading at $54.85. Since that call, shares of Dillard's have fallen 9.2%. 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