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Bullish Moving Average Cross by Union Pac Corp (UNP)

By Nick Russo

Union Pac Corp (NYSE:UNP) crossed over its 10-day moving average of $169.85 on a volume of 249K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Union Pac Corp has traded in a range of $128.08 to $180.02 and is now at $170.07, 33% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

SmarTrend is tracking the current trend status for Union Pac Corp and will alert subscribers who have UNP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses union pac corp

Ticker(s): UNP