NEW YORK (TheStreet) -- Domino'sPizza (DPZ) - Get Report stock is rising 0.14% to $131.56 in midday trading on Friday, but shares are down 1.54% since the company reported its first quarter earnings in April.

The stock has been moving upward, regaining some of the losses ahead of the second quarter financial report, due out on July 21 before the market open.

The Ann Arbor, MI-based pizza chain is expected to deliver year-over-year growth for the top and bottom lines later this month.

Analysts are projecting earnings of 94 cents per share on revenue of $533.51 million for the quarter, compared with earnings of 81 cents per share on revenue of $488.62 million for the same period last year.

TheStreet's Chris Versace and Bob Lang have identified Domino's Pizza as the "Chart of the Day." Here's what they had to say about the company:

Since presenting poor earnings in April, Domino's has been working its way back up and it has been a slow climb.

The channel we see is well defined and on Thursday it moved above this channel and back in to the gap. We expect this gap to fill quite soon, as the stock is now overbought and may continue to stay in this condition as it did earlier this year (bottom pane).

Turnover was brisk in this breakout, but we would like to see some follow-through. Today would be the day for it. Relative strength has a nice slope here and new all-time highs are less than 7% away.

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- Chris Versace and Bob Lang's "Chart of the Day: Domino's" was originally published on 7/1/16 on Trifecta Stocks.

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