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Shares of Domino'S Pizza Rise to a New 52-Week High

By Nick Russo

Shares of Domino'S Pizza (NYSE:DPZ) traded at a new 52-week high today of $253.47. So far today approximately 521,000 shares have been exchanged, as compared to an average 30-day volume of 877,000 shares.

Domino'S Pizza share prices have moved between a 52-week high of $253.47 and a 52-week low of $120.97 and are now trading 106% above that low price at $249.74 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

Based on a current price of $249.74, Domino'S Pizza is currently 5.8% above its average consensus analyst price target of $235.33. The stock should find initial support at its 50-day moving average (MA) of $132.06 and further support at its 200-day MA of $114.71.

Domino's Pizza, Inc. operates a network of company-owned and franchise Domino's Pizza stores, located throughout the United States and in other countries. The Company also operates regional dough manufacturing and distribution centers in the contiguous United States and outside the United States.

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: 52 week high/lows domino's pizza

Ticker(s): DPZ