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Archive - 11/22/2024 - Sign In to see current Signals. |
Yum! Brands, Inc (YUM) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Yum! Brands, Inc (YUM). During the week, the YUM gained 1.60 points, or 1.20%, and closed at 135.30 on Friday, November 22, 2024. Weekly volume was -34% below average. Long-term trend: [See YUM long-term trend chart] A long-term uptrend had started on October 13, 2022 at 103.97 and reached 143.25 on May 2, 2023. YUM gained -39.28 points, or -37.78%, in 28 weeks. The chart has formed a Ascending Triangle chart pattern. The trend support level is at 128.43 and resistance is at 143.17. An Ascending Triangle is a variation of triangle formation that has a flat resistance line and rising support line. The higher lows indicate an increasing demand and give the ascending triangle definitive bullish bias. An Ascending Triangle usually represents an accumulation stage in bullish market. An Ascending Triangle is considered to be a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Use the following link to access a Ascending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Ascending Triangle pattern in a long-term trend. Medium-term trend: [See YUM medium-term trend chart] A medium-term uptrend had started on July 24, 2024 at 124.76 and reached 141.48 on September 30, 2024. YUM gained -16.72 points, or -13.40%, in 9 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 132.56 and resistance is at 143.13. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend. Weekly Technical Indicators: [See YUM weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help. Short-term trend: [See YUM short-term trend chart] A short-term uptrend had started on October 31, 2024 at 131.00 and reached 138.60 on November 11, 2024. YUM gained -7.60 points, or -5.80%, in 11 days. The price is now at the 43.42% retracement level. Daily Technical Indicators: [See YUM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. A Parabolic SAR (stop and reversal) indicator (136.52) comes close to the price (135.30). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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