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Yum! Brands Inc Rises 1.31% on Heavy Volume: Watch For Potential Pullback

By Amy Schwartz

Yum! Brands Inc (NYSE:YUM) traded in a range yesterday that spanned from a low of $85.95 to a high of $86.78. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $86.67 on volume of 705,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Yum! Brands Inc on February 28th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $81.65. Since that recommendation, shares of Yum! Brands Inc have risen 4.6%. We continue to monitor YUM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Yum! Brands Inc share prices have moved between a 52-week high of $91.99 and a 52-week low of $59.57 and are now trading 45% above that low price at $86.64 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.9%.

Keywords: rebounders yum! brands inc

Ticker(s): YUM