DENN Technical Analysis - DENNY'S CORP

Technical Rating and Analysis

Overall DENN gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DENN is a bad performer.

When comparing the yearly performance of all stocks, DENN is a bad performer in the overall market: 72% of all stocks are doing better.

The long and short term trends are both positive. This is looking good!

DENN is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 51% of 134 stocks in the same industry.

DENN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DENN is lagging the market.

In the last month DENN has a been trading in the 4.24 - 5.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although DENN has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.75

6.64

We found 4 important support areas.

A support zone ranging from 5.01 to 5.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 4.44 to 4.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @3.87 from a trend line in the weekly time frame.
Support @3.79 from a trend line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 5.14 to 5.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 5.42 to 5.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
Resistance @6.57 from a trend line in the weekly time frame.

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Technical Indicator Signal Analysis

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	28.06	NEGATIVE	DENN has a low relative strength, it was outperformed by 71.94% 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)	DOWN	MIXED	The current price of DENN is above a declining SMA(200).
Relative Strength Index/RSI (14)	56.77	NEUTRAL	The RSI value for DENN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests DENN has a positive trend, although the MACD value is declining.
Stochastics (14,3)	56.52	NEUTRAL	The Stochastics value for DENN is a neutral value.
Average True Range in percent/ATR (20)	6.37	HIGH VOLATILITY	The high ATR as a percentage value for DENN suggests high volalility.
Average Directional Index/ADX (14)	41.49	POSITIVE	The high ADX value value for DENN suggests a strong trend.