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Bullish Moving Average Cross by Union Pacific (UNP)

By David Diaz

Today, shares of Union Pacific (NYSE:UNP) have advanced above their 10-day MA of $93.38 on a volume of 367K 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 Pacific has traded in a range of $67.06 to $109.42 and is now at $93.89, 40% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.

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