Union Pacific's most recent trend suggests a bullish bias. One trading opportunity on Union Pacific is a Bull Put Spread using a strike $255.00 short put and a strike $245.00 long put offers a potential 25% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $255.00 by expiration. The full premium credit of $2.00 would be kept by the premium seller. The risk of $8.00 would be incurred if the stock dropped below the $245.00 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 up which suggests that the medium-term momentum for Union Pacific is bullish.
The RSI indicator is at 63.22 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
At US$264, Is It Time To Put Union Pacific Corporation (NYSE:UNP) On Your Watch List?
Fri, 18 Mar 2022 11:12:45 +0000
Union Pacific Corporation ( NYSE:UNP ) saw a decent share price growth in the teens level on the NYSE over the last few…
Retail Sales Slowed Last Month as Inflation Takes Toll
Wed, 16 Mar 2022 14:30:16 +0000
Retail sales growth slowed dramatically last month, as inflation hitting a record crimped consumer buying.
Union Pacific (UNP) Dips More Than Broader Markets: What You Should Know
Mon, 14 Mar 2022 22:15:10 +0000
In the latest trading session, Union Pacific (UNP) closed at $257.66, marking a -1.48% move from the previous day.
Dow Jones Rallies As Russia-Ukraine Talks Continue; Treasury Yields Surge, Oil Prices Tumble
Mon, 14 Mar 2022 13:43:55 +0000
The Dow Jones Industrial Average rallied Monday, as Russia-Ukraine talks continue. The 10-year Treasury yield surged, while oil prices tumbled.
Union Pacific: A Dividend Growth Machine
Fri, 11 Mar 2022 17:27:50 +0000
A look at why the company's dividend can be considered very safe
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