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After Yesterday's Decline of 1.08%, Yum! Brands Inc Offers Investors Better Value

By Shiri Gupta

Yum! Brands Inc (NYSE:YUM) traded in a range yesterday that spanned from a low of $112.05 to a high of $113.52. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $113.16 on volume of 850,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that subscribers consider buying shares of Yum! Brands Inc on June 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $105.88. Since that recommendation, shares of Yum! Brands Inc have risen 7.0%. We continue to monitor YUM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Yum! Brands Inc has traded in a range of $84.53 to $119.72 and is now at $112.30, 33% above that low. The 200-day and 50-day moving averages have moved 0.57% higher and 0.54% higher over the past week, respectively.

Keywords: rebounders yum! brands inc

Ticker(s): YUM