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Dunkin' Brands G Set to Possibly Pullback After Yesterday's Rally of 2.48%

By Amy Schwartz

Dunkin' Brands G (:DNKN) traded in a range yesterday that spanned from a low of $81.25 to a high of $83.32. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $82.07 on volume of 465,000 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 Dunkin' Brands G have traded between a low of $61.69 and a high of $83.32 and are now at $82.56, which is 34% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Dunkin' Brands G on June 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $77.88. Since that recommendation, shares of Dunkin' Brands G have risen 4.0%. We continue to monitor DNKN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders :dnkn dunkin' brands g

Ticker(s): DNKN