Yum! Brands currently down 0.82% halfway through today

Yum, a fast food corporation operating the KFC, Pizza Hut and Taco Bell brands, is trading close to the $134.49 level today, after ending Friday at $135.6 and dropping 0.82%.

Technical analysis shows that Yum! Brands Inc could begin to recover as it approaches significant support, now $1.57 away from $132.92. Dipping below could be an indication that further losses are ahead.

Yum! Brands's stock value drop coincides with after closing the previous session (Friday) at $256.6, Tesla lost $12.75 and is trading around $243.85.

Positive performances can be seen by looking at other consumer discretionary stocks as Nike is trading at $111.96 after ending Friday's session at $109.52 (up 2.23%). Home Depot is trading at $305.8 after ending Friday's session at $300.81 (up 1.66%).

Some optimism can drawn from the fact that United States Core Durable Goods Orders is projected to outperform its last figure with -0.2%. It previously stood at -0.3%; data will be released tomorrow at 12:30 UTC.

Furthermore, United States Building Permits is scheduled for tomorrow at 12:00 UTC. United States New Home Sales (May) is expected tomorrow at 14:00 UTC.

Yum, a fast food corporation operating the KFC, Pizza Hut and Taco Bell brands, is now trading 5.11% below the significant high of $142.9 it set around a month ago.