• Return to Headlines

Dr Pepper Snappl (DPS) Approaches New Downside Target of $120.24

By David Diaz

Shares of Dr Pepper Snappl (NYSE:DPS) have bearishly opened below the pivot of $120.61 today and have reached the first support level of $120.37. Analysts will be watching for a cross of the next downside pivot targets of $120.24 and $119.87.

Dr Pepper Snappl has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $124.71. Dr Pepper Snappl shares should first meet resistance at the 200-day moving average (MA) of $104.09 and find additional resistance at the 50-day MA of $119.86.

Dr Pepper Snappl share prices have moved between a 52-week high of $126.65 and the current low of $0.00 and are currently at $0.00 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

SmarTrend recommended that subscribers consider buying shares of Dr Pepper Snappl on November 29th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $88.42. Since that recommendation, shares of Dr Pepper Snappl have risen 36.3%. We continue to monitor DPS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts dr pepper snappl

Ticker(s): DPS