Bullish EMA Stack Supports YUM Rally to $165.95
Yum! Brands Inc (YUM) slipped 0.30% to $165.95 on February 25.
Key indicators suggest a bullish bias:
Momentum
RSI at 67.7 is neutral but improving. MACD reads 2.68 against its 2.22 signal line (bullish).
Moving Averages
Price trades above the 9-day EMA ($163.20) with a bullish stack. The 21-day EMA at $160.56 provides support.
Volatility
Bollinger Band width at 9.0% indicates low volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
The $152.82-$167.24 range defines near-term boundaries.
