Union Pacific's most recent trend suggests a bullish bias. One trading opportunity on Union Pacific is a Bull Put Spread using a strike $149.00 short put and a strike $144.00 long put offers a potential 19.33% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $149.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $144.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Union Pacific is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Union Pacific is bullish.
The RSI indicator is at 53.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Union Pacific
Bushes depart on first presidential funeral train since 1969
Thu, 06 Dec 2018 21:37:22 +0000
SPRING, Texas (AP) — The locomotive was painted to resemble Air Force One, but George H.W. Bush joked that if it had been around during his presidency, he may have preferred to ride the rails rather than take to the skies.
CSX: Weakness in Intermodal Hurt Its Rail Traffic Growth
Tue, 04 Dec 2018 14:00:55 +0000
CSX’s (CSX) rail traffic volume growth in week 47 was the slowest among Class I railroad companies. The company’s rail traffic grew 0.4% YoY (year-over-year) in week 47. The gain in carloads was mainly offset by weakness in the Intermodal segment. CSX hauled 110,092 railcars in week 47—compared to 109,624 railcars in week 47 of 2017.
Canadian Pacific’s Rail Traffic Growth Momentum Continued
Mon, 03 Dec 2018 15:31:11 +0000
In week 47, Canadian Pacific Railway (CP) reported 3.5% YoY total traffic volume growth. The company moved 54,247 railcars—compared to 52,433 units in week 47 of 2017. The company was fifth in terms of the traffic volume growth in week 47 among all of the Class I railroads. Canadian National Railway (CNI) had the highest rail traffic gains during the week. Union Pacific (UNP) and Norfolk Southern (NSC) were second and third with 5.9% and 4.4% gains, respectively.
Should You Invest in the Fidelity MSCI Industrials Index ETF (FIDU)?
Mon, 03 Dec 2018 14:32:02 +0000
Sector ETF report for FIDU
4 Railroad Stocks to Bolster Your Portfolio in December
Mon, 03 Dec 2018 13:06:01 +0000
Factors like robust freight activity, strong intermodal performance and prudent cost management are positives for railroads and should drive growth going forward.
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