How the price action of Dine Brands Global Inc. ($DIN) is used to our Advantage
December 02, 2023, 16:00 pm ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DIN
- Buy DIN slightly over 41.71 target 47.17 stop loss @ 41.59 Details
The technical summary data tells us to buy DIN near 41.71 with an upside target of 47.17. This data also tells us to set a stop loss @ 41.59 to protect against excessive loss in case the stock begins to move against the trade. 41.71 is the first level of support below 46.2 , and by rule, any test of support is a buy signal. In this case, support 41.71 would be being tested, so a buy signal would exist.
- Short DIN slightly under 47.17, target 41.71, stop loss @ 47.31 Details
The technical summary data is suggesting a short of DIN as it gets near 47.17 with a downside target of 41.71. We should have a stop loss in place at 47.31though. 47.17 is the first level of resistance above 46.2, and by rule, any test of resistance is a short signal. In this case, if resistance 47.17 is being tested, so a short signal would exist.
Swing Trading Plans for DIN
- Buy DIN slightly over 47.17, target 52.99, Stop Loss @ 47.03 Details
If 47.17 begins to break higher, the technical summary data tells us to buy DIN just slightly over 47.17, with an upside target of 52.99. The data also tells us to set a stop loss @ 47.03 in case the stock turns against the trade. 47.17 is the first level of resistance above 46.2, and by rule, any break above resistance is a buy signal. In this case, 47.17, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DIN slightly near 47.17, target 44.7, Stop Loss @ 47.31. Details
The technical summary data is suggesting a short of DIN if it tests 47.17 with a downside target of 44.7. We should have a stop loss in place at 47.31 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 47.17, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for DIN
- Buy DIN slightly over 47.17, target 52.99, Stop Loss @ 47.06 Details
If 47.17 begins to break higher, the technical summary data tells us to buy DIN just slightly over 47.17, with an upside target of 52.99. The data also tells us to set a stop loss @ 47.06 in case the stock turns against the trade. 47.17 is the first level of resistance above 46.2, and by rule, any break above resistance is a buy signal. In this case, 47.17, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DIN slightly near 47.17, target 45.4, Stop Loss @ 47.28. Details
The technical summary data is suggesting a short of DIN if it tests 47.17 with a downside target of 45.4. We should have a stop loss in place at 47.28 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 47.17, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Dine Brands Global Inc. (DIN) available here: DIN.
DIN Ratings for December 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Weak |
| P1 |
0 |
0 |
41.71 |
| P2 |
43.8 |
43.05 |
47.17 |
| P3 |
45.4 |
44.7 |
52.99 |
AI Generated Signals for DIN
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Dine Brands Global Inc. (NYSE: DIN) data table below can help you with price action, and we have more details too. Trading plans for DIN are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DIN:
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