DMP.AX closes within prior day's range after lackluster session


Domino PIZZA Enterpr (DMP.AX) Technical Analysis Report for Sep 14, 2018 | by Techniquant Editorial Team

Highlights

DMP.AX closes within previous day's range after lackluster session

Overview

DMP.AX ended the week -5.52% lower at 51.68 after flat today on low volume. Closing within the previous day's range, prices failed to decisively move beyond the prior day's trading range in a lackluster session.

Daily Candlestick Chart (DMP.AX as at Sep 14, 2018):

Daily technical analysis candlestick chart for Domino PIZZA Enterpr (DMP.AX) as at Sep 14, 2018

Friday's trading range was A$0.76 (1.46%), that's far below last trading month's daily average range of A$1.64. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being way below average.

Prices are trading close to a key support level at 50.71.

Though the share is currently in a short-term down trend, this might just be a correction, as the medium and long term trends are both positive.


Market Conditions for DMP.AX as at Sep 14, 2018

Loading Market Conditions for DMP.AX (Domino PIZZA Enterpr)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Domino PIZZA Enterpr traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Movers
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!