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

By Shiri Gupta

Union Pacific (NYSE:UNP) crossed under its 10-day moving average of $109.89 on a volume of 385K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Union Pacific share prices have moved between a 52-week high of $115.15 and a 52-week low of $67.06 and are now trading 63% above that low price at $109.49 per share. 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