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 47.06% return on risk over the next 20 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 $1.60 would be kept by the premium seller. The risk of $3.40 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 43.06 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
Zacks Industry Outlook Highlights Union Pacific, CSX, Canadian Pacific Railway and Norfolk Southern
Fri, 29 Apr 2022 08:44:08 +0000
Union Pacific, CSX, Canadian Pacific Railway and Norfolk Southern have been highlighted in this Industry Outlook article.
SPS Commerce Reports First Quarter 2022 Financial Results
Thu, 28 Apr 2022 20:07:00 +0000
Company delivers 85th consecutive quarter of topline growth, with 17% growth in revenue and 18% growth in recurring revenue over first quarter 2021MINNEAPOLIS, April 28, 2022 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (Nasdaq: SPSC), a leader in retail cloud services, today announced financial results for the first quarter ended March 31, 2022. Revenue was $105.2 million in the first quarter of 2022, compared to $90.1 million in the first quarter of 2021, reflecting 17% growth in revenue from the fi
Union Pacific Donates Steam Locomotives, Passenger Cars for Restoration
Thu, 28 Apr 2022 18:49:00 +0000
Union Pacific Railroad today donated a small portion of its heritage fleet to non-profit Railroading Heritage of Midwest America (RRHMA). The donation allows Union Pacific to focus on its remaining fleet, which includes the world's largest steam locomotive, the Big Boy UP 4014, and the fastest, the Living Legend UP 844.
4 Railroad Stocks to Watch Amid Industry's Rosy Near-Term Outlook
Thu, 28 Apr 2022 12:43:12 +0000
Despite headwinds, healthy freight demand makes the Zacks Transportation – Rail industry's near-term prospects appear bright. Amid this positivity, UNP, CSX, CP and NSC are poised for growth.
Should You Invest in the First Trust NASDAQ Transportation ETF (FTXR)?
Tue, 26 Apr 2022 10:20:10 +0000
Sector ETF report for FTXR
Related Posts
Also on Market Tamer…
Follow Us on Facebook