Union Pacific's most recent trend suggests a bullish bias. One trading opportunity on Union Pacific is a Bull Put Spread using a strike $157.50 short put and a strike $152.50 long put offers a potential 35.14% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $157.50 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $152.50 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 43.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Union Pacific
Railroads See Headwinds Cutting Volumes For Rest Of 2019
Wed, 04 Sep 2019 21:12:06 +0000
Loose truck capacity, trade uncertainty and lower coal demand are among the headwinds that some Class I railroads are seeing for the remainder of 2019. Norfolk Southern (NYSE: NSC) also noted softer volumes in the third quarter, followed by flat volumes in the fourth quarter.
Union Pacific warns of volume weakness, but can it hold firm on pricing strategy?
Wed, 04 Sep 2019 19:58:00 +0000
Union Pacific Corp. said Wednesday that it remained confident that, despite weaker-than-anticipated volumes, it can hold prices at levels that “well exceed” rail inflation costs. Really?
Union Pacific cuts volume guidance after soft Q3
Wed, 04 Sep 2019 13:38:00 +0000
Union Pacific Corp. cut its outlook for second-half volumes, after the railroad operator said third-quarter volumes were softer than anticipated. The stock gained 0.4% in morning trading Wednesday, after falling 1.6% on Tuesday. Chief Financial Officer Robert Knight said at the Cowen and Company Global Transportation Conference, according to a transcript provided by FactSet, that after weaker-than-expected third-quarter volumes, "our thinking is that volume for the second half will now be down mid-single digits versus 2018." In July, Knight had said that his "best thinking at this point" is that second-half volume will be down around 2% or so versus 2018. Knight said Wednesday, however, that he remained confident that "the dollars we yield from our pricing initiatives will again well exceed our rail inflation costs in 2019." As a result, with margins expected to improve in the second half of the year, Knight said previous guidance of a "sub-61% operating ratio" in 2019 remains intact. The stock has shed 6.1% over the past three months, while the Dow Jones Transportation Average is little changed and the Dow Jones Industrial Average has gained 3.9%.
Union Pacific Sees Freight Volume Derail Amid Trade War
Wed, 04 Sep 2019 11:05:00 +0000
The railroad giant notes that the U.S.-China trade war has taken a particular toll on the volume of soybean and international shipping containers it is hauling along the nation's rails.
Rail service at McClellan Business Park has new owner
Fri, 30 Aug 2019 13:26:00 +0000
A 7-mile freight rail service within McClellan Business Park has a new owner. Australia-based First State Investments acquired Patriot Rail Co., a 12-railroad company based in Jacksonville, Florida, that includes McClellan-serving Sacramento Valley Railroad. Executives with both Patriot Rail and First State said they don’t expect any changes to the service at McClellan, where Patriot has operated since 2008.
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