Union Pacific (UNP) Offering Possible 51.52% Return Over the Next 10 Calendar Days

view original post

Union Pacific’s most recent trend suggests a bearish bias. One trading opportunity on Union Pacific is a Bear Call Spread using a strike $232.50 short call and a strike $237.50 long call offers a potential 51.52% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $232.50 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock rose above the $237.50 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 36.94 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Union Pacific

7 Transportation Stocks to Avoid During These Trying Times
Fri, 06 May 2022 10:49:28 +0000
Due to a critical divergence between consumer demand and shipment viability, transportation stocks are too risky for many investors. Knight-Swift Transportation (KNX): Down big this year, KNX may have difficulty repeating its otherwise outstanding financial performance in 2021. J.B. Hunt (JBHT): After pinging a very worrisome technical pattern, investors ought to head for the sidelines. Landstar System (LSTR): Like many transportation stocks, LSTR’s worrying technical pattern suggests investors

The Zacks Analyst Blog Highlights Oracle, Union Pacific, Ford Motor, Biogen and Expedia Group
Fri, 06 May 2022 10:07:10 +0000
Oracle, Union Pacific, Ford Motor, Biogen and Expedia Group have been included in this Analyst Blog.

Analyst Upgrades and Research Reports for Oracle, Union Pacific, Ford & Others
Thu, 05 May 2022 15:32:03 +0000
Today’s Research Daily features new research reports on 16 major stocks, including Oracle Corporation (ORCL), Union Pacific Corporation (UNP), and Ford Motor Company (F).

USDP or UNP: Which Is the Better Value Stock Right Now?
Wed, 04 May 2022 15:40:03 +0000
USDP vs. UNP: Which Stock Is the Better Value Option?

Why Union Pacific Shares Got Off Track in April
Mon, 02 May 2022 21:43:00 +0000
A combination of concerns about demand and an underwhelming earnings report had Union Pacific (NYSE: UNP) shares on the slow track for most of April. The shares traded down 14.2% for the month, according to data provided by S&P Global Market Intelligence, as uncertainty clouded the transportation sector. There was reason to fear that the Federal Reserve’s resolve to fight inflation could crimp industrial activity, which could mean less demand for transports in the quarters to come.

Related Posts