Yum! Brands Inc. (YUM) is known for the KFC, Pizza Hut, Taco Bell and The Habit Burger Grill restaurant chains. Its stock price is close to a new 52-week high, but will talk of a slowing economy turn prices soft? Let's review Yum's charts and indicators.
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It is clear that interest rates are driving the ship, but that ship could be on the cusp of taking a major turn. If so, we can expect trend changes in other assets.
Let's see what the charts are telling us now.
The good news is that the corrective action is advancing and opportunities are developing.