DENNY S CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	DENN
ISIN:

DENNY S CORP. - Daily - Technical analysis published on 08/14/2019 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 21.95 USD

My targets

24.01 USD (+6.25%)

25.44 USD (+12.55%)

My analysis

DENNY S CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 21.95 USD. The next resistance located at 24.01 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 25.44 USD. After this resistance, buyers could then target 27.32 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DENNY S CORP. price is 22.60 USD. The price registered a decrease of -0.18% on the session and was traded between 22.55 USD and 22.91 USD over the period. The price is currently at +0.22% from its lowest and -1.35% from its highest.

22.55

22.91

22.60

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DENNY S CORP. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	18.28	19.69	21.95	22.60
Change (%)	-19.12%	-12.88%	-2.88%	-
Change	-4.32	-2.91	-0.65	-
Level	Intermediate	Intermediate	Major	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.03	22.19	22.41	22.57	22.79	22.95	23.17
Camarilla	22.54	22.57	22.61	22.64	22.68	22.71	22.75
Woodie	22.07	22.21	22.45	22.59	22.83	22.97	23.21
Fibonacci	22.19	22.33	22.42	22.57	22.71	22.80	22.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.78	21.18	21.91	22.31	23.04	23.44	24.17
Camarilla	22.32	22.42	22.53	22.63	22.73	22.84	22.94
Woodie	20.94	21.26	22.07	22.39	23.20	23.52	24.33
Fibonacci	21.18	21.62	21.88	22.31	22.75	23.01	23.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.39	18.82	20.70	22.13	24.01	25.44	27.32
Camarilla	21.68	21.98	22.29	22.59	22.89	23.20	23.50
Woodie	17.63	18.93	20.94	22.24	24.25	25.55	27.55
Fibonacci	18.82	20.08	20.86	22.13	23.39	24.17	25.44

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.83
MACD (12,26,9):	0.3900
Directional Movement:	16.42
AROON (14):	35.71
DEMA (21):	22.61
Parabolic SAR (0,02-0,02-0,2):	23.33
Elder Ray (13):	0.45
Super Trend (3,10):	21.31
Zig ZAG (10):	22.60
VORTEX (21):	1.0600
Stochastique (14,3,5):	57.04
TEMA (21):	22.63
Williams %R (14):	-45.88
Chande Momentum Oscillator (20):	0.65
Repulse (5,40,3):	0.2000
ROCnROLL:	1
TRIX (15,9):	0.2600
Courbe Coppock:	7.02

MA7:	22.39
MA20:	22.05
MA50:	21.27
MA100:	19.97
MAexp7:	22.46
MAexp20:	22.08
MAexp50:	21.29
MAexp100:	20.27
Price / MA7:	+0.94%
Price / MA20:	+2.49%
Price / MA50:	+6.25%
Price / MA100:	+13.17%
Price / MAexp7:	+0.62%
Price / MAexp20:	+2.36%
Price / MAexp50:	+6.15%
Price / MAexp100:	+11.49%

News

The last news published on DENNY S CORP. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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