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Yum! Brands Bullish Moving Average Crossover Alert (YUM)

By Shiri Gupta

Yum! Brands (NYSE:YUM) shares have crossed bullishly above their 10-day moving average of $89.33 on a volume of 2.4 million 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 $90.10 per share. The 200-day and 50-day moving averages have moved 0.2% lower and 0.93% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Yum! Brands and will alert subscribers who have YUM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Yum! Brands

Ticker(s): YUM