Domino’s Pizza: The Trend Continues Up (DPZ)

According to MySmartTrend.com, “SmarTrend identified an Uptrend for Domino’s Pizza (NYSE:DPZ) on December 23, 2009 at $8.36. In approximately 1 month, Domino’s Pizza has returned 32.4% as of today’s recent price of $11.07.”

“Domino’s Pizza is currently above its 50-day moving average of $8.45 and above its 200-day moving average of $8.22. Look for these moving averages to climb to confirm the company’s upward momentum. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Domino’s Pizza shares.”