Domino's Pizza Rising on Above-Average Volume, Consistent With Trend (DPZ)
Shares of Domino's Pizza are trading up 5.4% to $160.24 today on above average volume. Today's volume of 1.0 million shares tops the average 30-day volume of 877,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
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 18.8%. We continue to monitor DPZ for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Over the past year, Domino's Pizza has traded in a range of $99.00 to $161.41 and is now at $160.02, 62% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.
Keywords: unusual volume domino's pizza