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Union Pac Corp Bullish Moving Average Crossover Alert (UNP)

By Nick Russo

Union Pac Corp (NYSE:UNP) shares have crossed bullishly above their 10-day moving average of $176.74 on a volume of 304K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Union Pac Corp have traded between a low of $128.08 and a high of $179.55 and are now at $178.73, which is 40% above that low price. The 200-day and 50-day moving averages have moved 0.47% higher and 0.27% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Union Pac Corp on April 17th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $170.48. Since that recommendation, shares of Union Pac Corp have risen 3.2%. We continue to monitor UNP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses union pac corp

Ticker(s): UNP