DPZ watch $496/497: Double Fib resistance to possible new ATHDPZ has been range bound for a while.
Up against a double fib barrier into earnings.
Look for reject or break of $296.58-497.08
1DPZ trade ideas
Breaking: Domino's Pizza Reports Weaker-Than-Expected Q1 RevenueShares of Domino's Pizza (NASDAQ: NASDAQ:DPZ ) moved lower in premarket trading Monday after the pizza delivery giant reported weaker-than-expected first-quarter revenue and U.S. same-store sales.
The Ann Arbor, Mich.-based company posted earnings per share (EPS) of $4.33 on revenue that increased 2.5% year-over-year to $1.11 billion. Analysts polled by Visible Alpha expected $4.04 and $1.13 billion, respectively.
Same-store sales among Domino's U.S. locations fell by 0.5% year-over-year, worse than the 0.22% bump analysts had forecast. International same store sales excluding foreign currency impacts were up 3.7%, topping the 1.88% growth analysts were expecting.
CEO Russell Weiner said the company continues to operate in a "challenging global macroeconomic environment," but said Domino's is continuing to gain market share in the U.S. and internationally.
Earlier this month, Domino's announced a new partnership with DoorDash (DASH), with the pizza chain's food set to be available through the latter's app beginning in May, once its exclusive agreement with Uber (UBER) Eats expires. Domino's has said it believes the third-party delivery market could eventually generate $1 billion in sales.
Domino's shares, which entered Monday up 16% in 2025, were down 2% shortly after the report was released.
Technical Outlook
As of the time of writing, NASDAQ:DPZ shares are down 1.66% in Monday's premarket session, albeit the earnings missed. With the RSI at 64, NASDAQ:DPZ is strong enough to hold the current resistant point. However, should selling pressure increased, shares of NASDAQ:DPZ could retraced touching the $399 support zone.
Similarly, the $500 resistant point is still in play, should the bulls take over.
DPZ Cup with Handle?Weekly chart showing a cup with handle on DPZ. Earnings on 4/28/25. I like this play during uncertain times and a possible recession. Dominos Pizza, I believe has improved their products and service year over year including their app, their food, and their customer service. When people cut back on dining out they order in more to save money.
Technicals are lining up with the possible story here. Definitely worth keeping an eye on.
DPZ - Another Trade of the Year Candidate!I did a video on DPZ and why I was bullish a few months ago but this video is regarding a more recent snipe trade - post earnings getting filled on shares at a level that I had sitting and waiting. That's the beauty of shares and algorithms! Within day 1 the position was up upwards of 5% because of the confidence we have in our algos!
Happy trading :)
$DPZ Pre-Earnings Front-RunFrom a technical perspective everything looks primed for a pre-earnings rally for $DPZ. With about eight trading days prior to reporting I expect a move to the upside.
Trade Risk Reward is about 1:1 with SL of $450 Daily Close and PT of ~$500.
Happy Trading.
Pre-Market Update: DPZ Potential Option Play into EarningsDPZ is currently sitting a very Strong Support Buy Zone. With this one, we're just watching due to DPZ breaking below it's lower longer-term support level but was completely on low-volume. DMZ does have earnings coming up on Feb. 20th, 2025, which it typically not only does well in February Earnings historically, but DPZ has consecutively beat the street on expectations set.
At best place this on a watchlist or look at potentially options going into earnings to the upside. With that, we would look at the $440 - $460 Price Levels see a Resistance Retest and break higher going into earnings at best.
Connect with us by following the links in the signature below to get more Free Tools and Resources at @MyMIWallet #MyMIWallet
