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Union Pacific Crosses Above its 10-day MA (UNP)

By Amy Schwartz

Union Pacific (NYSE:UNP) shares have crossed bullishly above their 10-day moving average of $110.46 on a volume of 517K 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, Union Pacific share prices have been bracketed by a low of $67.06 and a high of $115.15 and are now at $110.62, 65% above that low price. 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 tracking the current trend status for Union Pacific and will alert subscribers who have UNP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses union pacific

Ticker(s): UNP