We assign a technical rating of 9 out of 10 to DENN. 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.
Besides having an excellent technical rating, DENN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.16, a Stop Loss order could be placed below this zone.
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3.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.13 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.64 from a horizontal line in the daily time frame.
- A support zone ranging from 4.03 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.18 to 6.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.42 from a trend line in the weekly time frame.
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 | 80.19 | POSITIVE | DENN has a high relative strength, it outperformed 80.19% 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) | 65.57 | 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. |
| Stochastics (14,3) | 74.17 | NEUTRAL | The Stochastics value for DENN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for DENN suggests some volalility. |
| Average Directional Index/ADX (14) | 34.07 | 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 |
|---|---|---|---|
| 6.21 | 6.12 | 0.09 (1.45%) | 25.00% |
| An entry @6.21. This is a Buy Stop order right above the resistance zone. | An exit @6.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.09 points, which is 1.45%. | For a 0.36% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.17
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DENNY'S CORP / DENN FAQ
What is the technical rating for DENN stock?
ChartMill assigns a technical rating of 9 / 10 to DENN.
Can you provide the trend direction for DENNY'S CORP?
The current trend direction for DENNY'S CORP (DENN) is Bullish.
What is the RSI signal for DENNY'S CORP (DENN) stock?
DENNY'S CORP (DENN) has an RSI value of 65.5659. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DENNY'S CORP?
The short term momentum for DENNY'S CORP (DENN) is positive.
What is the buy/sell signal for DENN stock?
The buy/sell signal for DENNY'S CORP (DENN) is buy as both the short term and long term trends are positive.