• Return to Headlines

Yum! Brands Inc Set to Possibly Rebound After Yesterday's Selloff of 1.08%

By James Quinn

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.

In the past 52 weeks, shares of Yum! Brands Inc have traded between a low of $84.53 and a high of $119.72 and are now at $112.30, which is 33% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.5%.

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.

Keywords: rebounders yum! brands inc

Ticker(s): YUM