Union Pacific's most recent trend suggests a bullish bias. One trading opportunity on Union Pacific is a Bull Put Spread using a strike $165.00 short put and a strike $160.00 long put offers a potential 34.77% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $1.29 would be kept by the premium seller. The risk of $3.71 would be incurred if the stock dropped below the $160.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Union Pacific is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Union Pacific is bearish.
The RSI indicator is at 34.49 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Union Pacific
Employee Levels At U.S. Class I Rail Operations Drop
Tue, 20 Aug 2019 22:07:27 +0000
The U.S. operations of the Class I railroads had fewer employees on their company rosters in July, continuing a downward trend that has been going on for years. In mid-July, headcount totaled 140,703 employees at U.S. Class I rail operations, according to data compiled by the Surface Transportation Board. U.S. rail headcount fell 4.6 percent from July 2018, and nearly 0.5 percent from June 2019.
Is Union Pacific Stock a Buy?
Sun, 18 Aug 2019 13:19:00 +0000
The railroad stock offers a decent dividend and has earnings growth opportunities in the coming years.
Why Is Union Pacific (UNP) Down 4.6% Since Last Earnings Report?
Sat, 17 Aug 2019 13:30:01 +0000
Union Pacific (UNP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
International Competition And Trade Uncertainty Weigh On US Rail Volumes For Grain
Fri, 16 Aug 2019 13:48:45 +0000
While trade uncertainty is a dominant theme in the rail demand outlook for moving grain this fall, other factors such as global market competition come into play when considering how much grain volume could be moved by U.S. rail operations in the 2019-2020 season. You have to look at international demand and look backwards,” said Jay O'Neil, a consultant and agricultural economist. Meanwhile, the ongoing trade war between the U.S. and China has dashed the hopes of U.S. soybean producers again for this upcoming fall because China has drastically cut its imports of U.S. soybeans.
Why Shares of Union Pacific and CSX Headed in Different Directions After Earnings
Thu, 15 Aug 2019 20:51:00 +0000
Both railroad giants reported earnings last month, but their share-price trends since then have been markedly different.
Also on Market Tamer…
Follow Us on Facebook