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Dunkin' Brands G Set to Possibly Rebound After Yesterday's Selloff of 2.18%

By James Quinn

Dunkin' Brands G (NASDAQ:DNKN) traded in a range yesterday that spanned from a low of $74.36 to a high of $75.76. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $75.21 on volume of 299,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Dunkin' Brands G share prices have been bracketed by a low of $41.29 and a high of $77.13 and are now at $74.47, 80% above that low price. The 200-day and 50-day moving averages have moved 0.61% higher and 0.81% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Dunkin' Brands G on August 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $71.83. Since that recommendation, shares of Dunkin' Brands G have risen 5.8%. We continue to monitor DNKN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders dunkin' brands g

Ticker(s): DNKN