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Denny'S Corp Rises 3.79% on Heavy Volume: Watch For Potential Pullback

By Nick Russo

Denny'S Corp (NASDAQ:DENN) traded in a range yesterday that spanned from a low of $20.49 to a high of $20.84. Yesterday, the shares gained 3.8%, which took the trading range above the 3-day high of $20.27 on volume of 118,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Denny'S Corp share prices have moved between a 52-week high of $20.84 and a 52-week low of $10.02 and are now trading 108% above that low price at $20.81 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

SmarTrend is tracking the current trend status for Denny'S Corp and will alert subscribers who have DENN in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders denny's corp

Ticker(s): DENN