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Look for Shares of Domino'S Pizza to Potentially Pullback after Yesterday's 1.34% Rise

By Amy Schwartz

Domino'S Pizza (:DPZ) traded in a range yesterday that spanned from a low of $279.37 to a high of $284.87. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $282.96 on volume of 118,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is monitoring the recent change of momentum in Domino'S Pizza. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Domino'S Pizza in search of a potential trend change.

Domino'S Pizza share prices have moved between a 52-week high of $302.05 and a 52-week low of $220.90 and are now trading 27% above that low price at $281.03 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.

Keywords: rebounders :dpz domino's pizza

Ticker(s): DPZ