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Bullish Moving Average Cross by Union Pacific (UNP)

By Shiri Gupta

Today, shares of Union Pacific (NYSE:UNP) have crossed bullishly above their 10-day moving average of $88.25 on a volume of 994K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Union Pacific have traded between a low of $67.06 and a high of $109.42 and are now at $88.82, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.3%.

SmarTrend is monitoring the recent change of momentum in Union Pacific. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Union Pacific in search of a potential trend change.

Keywords: moving crosses union pacific

Ticker(s): UNP