Union Pacific (UNP) Offering Possible 8.23% Return Over the Next 3 Calendar Days

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Union Pacific’s most recent trend suggests a bearish bias. One trading opportunity on Union Pacific is a Bear Call Spread using a strike $225.00 short call and a strike $230.00 long call offers a potential 8.23% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $225.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock rose above the $230.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Union Pacific is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Union Pacific is bearish.

The RSI indicator is at 59.76 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Union Pacific

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Returns On Capital At Union Pacific (NYSE:UNP) Have Hit The Brakes
Tue, 06 Jul 2021 12:05:05 +0000
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Fri, 02 Jul 2021 21:50:09 +0000
In the latest trading session, Union Pacific (UNP) closed at $224.72, marking a +0.52% move from the previous day.

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Tue, 29 Jun 2021 09:18:00 +0000
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