Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Domino’s Pizza’s stock price (DPZ) fell in the intraday levels while trying to gather positive momentum to rise anew, as the stock tries to vent off overbought saturation in the RS, with negative signals out of them, amid the dominance of the main upward trend in the short term, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of $542.75.
Trend forecast: Likely Bullish