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Look for Shares of Union Pac Corp to Potentially Rebound after Yesterday's 1.20% Sell Off

By Nick Russo

Union Pac Corp (NYSE:UNP) traded in a range yesterday that spanned from a low of $104.11 to a high of $105.35. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $104.78 on volume of 958,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Union Pac Corp have traded between a low of $81.96 and a high of $115.15 and are now at $104.15, which is 27% above that low price. The 200-day and 50-day moving averages have moved 0.27% lower and 0.62% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Union Pac Corp and will alert subscribers who have UNP in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders union pac corp

Ticker(s): UNP