Shares of DineEquity are Moving Higher on 1x Above-Average Volume (DIN)
Written on Thu, 09/23/2010 - 2:12pm
By Chip Brian
Shares of DineEquity (NYSE:DIN) are trading up 2.8% to $41.71 today on above average volume. Approximately 271,000 shares have traded hands today vs. average 30-day volume of 269,000 shares.Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of DIN to see if this bullish momentum will continue.
SmarTrend is bullish on shares of DineEquity and our subscribers were alerted to buy on September 02, 2010 at $35.82. The stock has risen 16.4% since the alert was issued.
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