NASDAQ:DENN - Nasdaq - US24869P1049 - Common Stock - Currency: USD
Taking everything into account, DENN scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DENN was also a bad performer in the overall market in the last year.
DENN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
3.60
2 important support areas can be observed.
When analyzing the resistance we notice 6 important 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 | DOWN | NEGATIVE | The long term trend for DENN is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DENN is neutral. |
ChartMill Relative Strength | 10.61 | NEGATIVE | DENN has a low relative strength, it was outperformed by 89.39% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of DENN is below 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) | DOWN | NEGATIVE | The current price of DENN is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.16 | NEUTRAL | The RSI value for DENN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DENN has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 24.04 | NEUTRAL | The Stochastics value for DENN is a neutral value. |
Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for DENN suggests high volalility. |
Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for DENN suggests a possible start of a new trend. |
3.97
+0.05 (+1.28%)