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After Yesterday's Rally of 1.64% Shares Could Potentially Pullback

By Shiri Gupta

Domino'S Pizza (NYSE:DPZ) traded in a range yesterday that spanned from a low of $269.57 to a high of $276.50. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $272.07 on volume of 123,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Domino'S Pizza have traded between a low of $166.74 and a high of $305.34 and are now at $275.46, which is 65% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.7%.

SmarTrend is tracking the current trend status for Domino'S Pizza and will alert subscribers who have DPZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders domino's pizza

Ticker(s): DPZ