Yum! Brands Bullish Moving Average Crossover Alert (YUM)
Yum! Brands (NYSE:YUM) shares have crossed bullishly above their 10-day moving average of $89.95 on a volume of 236K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Yum! Brands share prices have moved between a 52-week high of $95.90 and a 52-week low of $64.58 and are now trading 40% above that low price at $90.42 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.9%.
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 19.8%. 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