Overall DENN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DENN is showing a nice and steady performance.
DENN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.21, a Stop Loss order could be placed below this zone.
4.16
When analyzing the support we can see 3 important areas.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DENN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DENN is up. |
| ChartMill Relative Strength | 82.57 | POSITIVE | DENN has a high relative strength, it outperformed 82.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DENN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DENN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DENN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.26 | NEUTRAL | The RSI value for DENN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DENN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.52 | NEUTRAL | The Stochastics value for DENN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for DENN suggests low volalility. |
| Average Directional Index/ADX (14) | 42.47 | POSITIVE | The high ADX value value for DENN suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.24 | 6.19 | 0.05 (0.88%) | 25.00% |
| An entry @6.24. This is a Buy Stop order right above the resistance zone. | An exit @6.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.88%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.22%. |
6.22
+0.01 (+0.16%)
ChartMill assigns a technical rating of 9 / 10 to DENN.
The current trend direction for DENNY'S CORP (DENN) is Bullish.
DENNY'S CORP (DENN) has an RSI value of 65.2622. This indicates that the stock is currently neutral.
The MACD indicator for DENNY'S CORP (DENN) has a value of -0.0218714, indicating a bearish trend.
DENNY'S CORP (DENN) has a support level at 6.21 and a resistance level at 6.23. Check the full technical report for our detailed analysis of DENN support and resistance levels.