Union Pacific's most recent trend suggests a bullish bias. One trading opportunity on Union Pacific is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 11.48% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $8.97 would be incurred if the stock dropped below the $120.00 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 above 80 which suggests that the stock is in overbought territory.
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
Will Coal Drive the Railroad Stocks Going Forward?
Wed, 21 Mar 2018 19:20:03 +0000
2016 and 2017 were particularly bad for coal traffic due to the strength in the US dollar, international markets flooded with coal, and most importantly, low natural gas prices. The natural gas prices were low due to a slump in crude oil prices, which led to a switch to natural-gas-fired power plants from coal-fired power plants. Canadian Pacific Railway (CP) earned 9.9% of revenues from its coal business, whereas the commodity’s share in total carloads was 11.6% in 2017.
How Major Rail Stocks Have Fared So Far in 2018
Wed, 21 Mar 2018 17:47:58 +0000
Why Railroad Stocks Could See Growth in 2018US railroads
See what the IHS Markit Score report has to say about Union Pacific Corp.
Tue, 20 Mar 2018 12:00:48 +0000
Union Pacific Corp NYSE:UNP
Union Pacific’s Railcars Compared to the Industry in Week 10
Mon, 19 Mar 2018 19:32:47 +0000
North American Rail Freight Traffic on Elevated Tracks in Week 10
Louisiana Transportation Infrastructure Receives $87 million Boost from Union Pacific
Mon, 19 Mar 2018 18:00:00 +0000
SPRING, Texas , March 19, 2018 /PRNewswire/ — Louisiana's transportation infrastructure will receive an $87 million boost from Union Pacific Railroad in 2018. The company's planned private investment …
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