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Look for Shares of Dunkin' Brands G to Potentially Pullback after Yesterday's 1.22% Rise

By James Quinn

Dunkin' Brands G (NASDAQ:DNKN) traded in a range yesterday that spanned from a low of $70.63 to a high of $71.85. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $71.50 on volume of 276,000 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 $41.29 and a high of $71.85 and are now at $71.42, which is 73% above that low price. The 200-day and 50-day moving averages have moved 0.58% higher and 1.14% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Dunkin' Brands G and will alert subscribers who have DNKN in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders dunkin' brands g

Ticker(s): DNKN