Union Pacific's most recent trend suggests a bearish bias. One trading opportunity on Union Pacific is a Bear Call Spread using a strike $242.50 short call and a strike $247.50 long call offers a potential 18.48% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $242.50 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock rose above the $247.50 long call 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 72.97 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
Transport ETFs Riding High Post Q3 Earnings
Thu, 04 Nov 2021 14:05:02 +0000
The Q3 earnings reports have led to smooth trading in transport ETFs over the past month. As such, iShares U.S. Transportation ETF (IYT), SPDR S&P Transportation ETF (XTN) and First Trust Nasdaq Transportation ETF (FTXR) have gained in double-digits each.
Union Pacific Corporation Executives to Address the Baird 2021 Global Industrial Conference
Wed, 03 Nov 2021 12:00:00 +0000
Lance Fritz, chairman, president, and chief executive officer, and Kenny Rocker, executive vice president marketing and sales, of Union Pacific Corporation (NYSE: UNP), will address the Baird 2021 Global Industrial Conference at 8:30 a.m. ET on Wednesday, Nov. 10, 2021.
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Wed, 03 Nov 2021 10:00:05 +0000
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Was The Smart Money Right About Union Pacific Corporation (UNP)?
Mon, 01 Nov 2021 16:46:55 +0000
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don’t make them change their opinion towards a company. This time it may be different. The coronavirus pandemic destroyed the high correlations among major industries and asset classes. We are […]
Zacks Value Trader Highlights: UnitedHealth, Union Pacific, Home Depot, Ross Stores and JPMorgan
Fri, 29 Oct 2021 13:48:01 +0000
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