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Bearish Moving Average Cross by Yum! Brands (YUM)

By Nick Russo

Today, shares of Yum! Brands (NYSE:YUM) have crossed bearishly below their 10-day moving average of $89.27 on a volume of 377K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Yum! Brands share prices have been bracketed by a low of $64.58 and a high of $95.90 and are now at $88.41, 37% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.2%.

SmarTrend recommended that subscribers consider buying shares of Yum! Brands on March 1st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $74.75. Since that recommendation, shares of Yum! Brands have risen 19.6%. We continue to monitor YUM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Yum! Brands

Ticker(s): YUM