Domino's Pizza (DPZ) Technical Analysis

Domino's Pizza Inc (DPZ) is a popular American pizza restaurant chain that has been in operation since 1960. The company is known for its delivery and carryout services, offering a wide range of pizza options to customers. As with any publicly traded company, investors and analysts often use technical analysis to evaluate the stock and make informed decisions. Technical indicators such as RSI (Relative Strength Index), ADX (Average Directional Index), MACD (Moving Average Convergence Divergence), ROC (Rate of Change), STOCHRSI (Stochastic Relative Strength Index), and WILLR (Williams %R) are commonly used to assess the stock's performance and potential future trends.

RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is often used to identify oversold or overbought conditions. ADX, on the other hand, helps determine the strength of a trend. It ranges from 0 to 100 as well, with values above 25 indicating a strong trend. MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. ROC measures the percentage change in price over a specified time period. STOCHRSI combines elements of both stochastic oscillators and RSI to provide a more accurate analysis of price movements. Lastly, WILLR measures overbought or oversold conditions by comparing the closing price to the high-low range over a specific period of time.