• Return to Headlines

Watch for Continued Gains in Shares of Union Pac Corp (UNP)

By Shiri Gupta

Shares of Union Pac Corp (NYSE:UNP) traded today at $178.00, breaking its 52-week high. So far today approximately 270,000 shares have been exchanged, as compared to an average 30-day volume of 3.5 million shares.

Union Pac Corp (NYSE:UNP) is currently priced 17.2% above its average consensus analyst price target of $147.33. The stock should find initial support at its 50-day moving average (MA) of $166.88 and further support at its 200-day MA of $154.30.

Over the past year, Union Pac Corp has traded in a range of $126.37 to $178.00 and is now at $178.00, 41% above that low. The 200-day and 50-day moving averages have moved 0.38% higher and 0.47% higher over the past week, respectively.

Union Pacific Corporation is a rail transportation company. The Company's railroad hauls a variety of goods, including agricultural, automotive, and chemical products. Union Pacific offers long-haul routes from all major West Coast and Gulf Coast ports to eastern gateways as well as connects with Canada's rail systems and serves the major gateways to Mexico.

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

Keywords: 52 week high/lows union pac corp

Ticker(s): UNP