Top Buzzing ranking July 18th - Domino's Pizza Inc

By

Théo Ramos

July 18, 2024

3

Min Read

Using Trading Central's Market Buzz and looking into Top Buzzing ranking to find premarket moves, we have identified Domino's Pizza as an interesting choice.

TC Market Buzz has identified Buzzing news volume over the last 24 hours, with 70 mentions.

Overall mentions represent the number of publications in the past 24 hours that mention the subject, along with a descriptor indicating how it compares to the 7-day average.

Into Most Discussed Topics widget, we find “Earnings Below Expectations” and “Revenue Below Expectations” as the world leader in pizza delivery tumbles after releasing quarterly same-store sales that missed estimates.

On the sentiment side, the orientation of the news headlines is signaling a bearish sentiment signal as the sentiment score is negative (32).

The Sentiment Signal is based on the market Sentiment Score before trading begins. The sentiment observed at the start of the market session can offer insights into whether the asset is likely to exhibit superior performance, lag behind, or remain steady.

With an average confidence index reading to back up the sentiment score, while subjectivity widget is considered as “Low”.

The subjectivity index measures how rational the crowd's opinion of an entity is, which can be helpful in identifying market bubbles. Also, the confidence index is the volume of news evidence backing the sentiment score.

Regarding technical analysis, from a daily point of view, the stock is dropping. Trading Central Technical Views sees a resistance at $440.00 with downside targets at $400.00 and $368.00.

Powered by TC Labs, TC Market Buzz helps investors read less and know more, solving today’s infobesity problem. With an interactive and modern design, Buzz shows investors which stocks and topics are “buzzing”, delivering a smarter news experience.

Théo Ramos

Junior Technical Analyst
Théo has a Master's degree in Finance and Financial Risk Management from the University of Rouen. Théo joined Trading Central in 2020 as a junior technical analyst to assist the team in producing research on the equity markets.
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