Dine Brands Global Inc

DIN is in a Stage 2 advance with medium-term bullish permission underpinned by a higher highs & higher lows pattern. However, price is extended above rising EMAs and RSI is flattening in overbought territory, so execution is deferred. We wait for a pullback into the 9/21 EMA support area before initiating participation.

• ↑Applebee’s $2 for $25 platform drove comps +1.9% YoY in Q1.
• ↑Management targets ~80 dual-brand restaurants by year-end; units yield 1.5–2.5× standalone sales.
• ↓Leverage remains elevated, raising interest‐rate risk in downturns.