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Yum China Holdings (YUMC) Just Reclaimed the 20-Day Moving Average
YUMCYUM CHINA(YUMC) Zacks Investment Research·2024-03-13 14:36

Yum China Holdings (YUMC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, YUMC crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averag ...