Tuesday, July 7, 2015

Dunkin' Brands - All Time High

Dunkin' Brands (DNKN) is the Barchart Chart of the Day.  The quick service restaurant company has a Trend Spotter buy signal, a Weighted Alpha of 30.90+, gained 21.70% in the last year and paid a 1.92% dividend.

The Chart of the Day belongs to Dunkin' Brands (DNKN).  I found the quick service restaurant stock by using Barchart to sort the All Time High list for the stocks with the best technical buy signals, then used the Flipchart feature to review the charts,  Since the Trend Spotter signaled a buy on 4/23 the stock gained 9.26%.

Dunkin' Brands Group, Inc. owns, operates, and franchises quick service restaurants worldwide. It serves hot and cold coffee and baked goods, as well as ice cream. Its brands include Dunkin' Donuts and Baskin-Robbins. Dunkin' Brands Group is headquartered in Canton, Massachusetts.

The status of Barchart's Opinion trading systems are listed below.  Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates.  The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 7.25% in the last month
  • Relative Strength Index 71.61%
  • Barchart computes a technical support level at 55.14
  • Recently traded at 56.27 with a 50 day moving average of 53.08
Fundamental factors:
  • Market Cap $ 5.43 billion
  • P/E 30.37
  • Dividend yield 1.92%
  • Revenue expected to grow 7.00% this year and another 6.50% next year
  • Earnings estimated to increase 9.80% this year, an additional 17.30% next year and continue to increase at an annual rate of 13.98% for the next 5 years
  • Wall Street analysts issued 6 strong buy, 9 buy, 13 hold and 1 under perform recommendations on the stock
The 50-100 Day MACD Oscillator has been a reliable technical trading strategy and should continue to be used on this stock.

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