Last time earnings missed (2016Q1), the stock dropped 12.5%. A similar drop would bring it down to around 131.52. DPZ is currently near the top of the trend channel. The company has been in an overall uptrend for over a decade and long-term could continue up. With the food industry moving down, a weak earnings could thrust this company down in the short-term.
Based on technical analysis, I speculate a 20 point drop within the next few days to weeks.
Based on technical analysis, I speculate a 20 point drop within the next few days to weeks.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!