Saturday, September 11, 2010

Trading Higher on Heavy Volume

Trading Higher on Heavy Volume are Shares of DineEquity on 1.1x Above-Average Volume (DIN)

(via COMTEX News Network)--


Shares of DineEquity (NYSE: DIN) are trading up 4.4% to $38.51 today on above average volume. Approximately 332,000 shares have traded hands today vs. average 30-day volume of 294,000 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 7.5% since the alert was issued.

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