YUM CHINA HOLDINGS INC (YUMC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:YUMC - US98850P1093 - Common Stock
We assign a technical rating of 8 out of 10 to YUMC. Although YUMC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
YUMC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 48.35, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
40.95
We found 6 important support areas.
- A support zone ranging from 46.10 to 48.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.82 from a trend line in the weekly time frame.
- Support @44.01 from a horizontal line in the daily time frame.
- Strong support @43.31 from a horizontal line in the daily time frame.
- A support zone ranging from 42.30 to 42.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.36 to 41.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @49.08 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for YUMC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YUMC is up. |
| ChartMill Relative Strength | 58.6 | NEUTRAL | YUMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YUMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YUMC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of YUMC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.16 | NEUTRAL | The RSI value for YUMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests YUMC has a positive trend. |
| Stochastics (14,3) | 85.65 | OVERBOUGHT | The high Stochastics value suggests YUMC may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for YUMC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.03 | NEUTRAL | The ADX value for YUMC suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 49.09 | 46.33 | 2.76 (5.62%) | 17.79% |
| An entry @49.09. This is a Buy Stop order right above the resistance zone. | An exit @46.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.76 points, which is 5.62%. | For a 1.00% total portfolio risk, you can invest 17.79% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
48.51
-0.02 (-0.04%)
YUM CHINA HOLDINGS INC / YUMC FAQ
What is the ChartMill technical rating of YUM CHINA HOLDINGS INC (YUMC) stock?
ChartMill assigns a technical rating of 8 / 10 to YUMC.
What is the current trend direction of YUM CHINA HOLDINGS INC (YUMC) stock?
The current trend direction for YUM CHINA HOLDINGS INC (YUMC) is Bullish.
Can you provide the RSI signal for YUM CHINA HOLDINGS INC?
YUM CHINA HOLDINGS INC (YUMC) has an RSI value of 61.1618. This indicates that the stock is currently neutral.
What is the MACD signal for YUMC stock?
The MACD indicator for YUM CHINA HOLDINGS INC (YUMC) has a value of 0.0311822, indicating a bearish trend.
What is the buy/sell signal for YUMC stock?
The buy/sell signal for YUM CHINA HOLDINGS INC (YUMC) is buy as both the short term and long term trends are positive.