Yum! Brands Bearish Moving Average Crossover Alert (YUM)
Today, shares of Yum! Brands (NYSE:YUM) have fallen below their 10-day MA of $82.94 on a volume of 359K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Yum! Brands has traded in a range of $64.58 to $95.90 and is now at $82.52, 28% above that low. 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 12.0%. 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