UNION PACIFIC CORP (UNP) Technical Analysis
NYSE:UNP • US9078181081
Current stock price
UNP Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to UNP. Both in the recent history as in the last year, UNP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, UNP did better than 75% of all other stocks. On top of that, UNP also shows a nice and consistent pattern of rising prices.
- UNP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UNP is lagging the market slightly.
- UNP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- UNP has an average volume of 3058600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- UNP is part of the Ground Transportation industry. There are 42 other stocks in this industry, UNP did better than 51% of them.
UNP Weekly and Daily overview Charts
UNP Setup Rating and Analysis
Although UNP has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
UNP Support and Resistance Analysis
211.13
6 important support areas can be observed.
- A support zone ranging from 251.12 to 259.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 240.15 to 242.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 234.17 to 234.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 225.46 to 227.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 220.52 to 220.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @213.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 266.97 to 271.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
UNP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for UNP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNP is up. |
| ChartMill Relative Strength | 75.06 | POSITIVE | UNP has a high relative strength, it outperformed 75.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UNP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.31 | NEUTRAL | The RSI value for UNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.95 | POSITIVE | The MACD value suggests UNP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.6 | NEUTRAL | The Stochastics value for UNP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for UNP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.18 | POSITIVE | The high ADX value value for UNP suggests a strong trend. |
UNP Chart- and CandleStick Pattern Analysis
UNP Technicals: Chart, Performance Metrics, Trend & Indicators
264.78
-2.96 (-1.11%)
UNION PACIFIC CORP / UNP TA FAQ
What is the ChartMill technical rating of UNION PACIFIC CORP (UNP) stock?
ChartMill assigns a technical rating of 10 / 10 to UNP.
What is the current trend direction of UNION PACIFIC CORP (UNP) stock?
The current trend direction for UNION PACIFIC CORP (UNP) is Bullish.
What is the RSI signal for UNP stock?
UNION PACIFIC CORP (UNP) has an RSI value of 64.314. This indicates that the stock is currently neutral.
What is the MACD signal for UNION PACIFIC CORP (UNP) stock?
The MACD indicator for UNION PACIFIC CORP (UNP) has a value of 1.94817, indicating a bullish trend.
What is the short term momentum for UNION PACIFIC CORP (UNP) stock?
The short term momentum for UNION PACIFIC CORP (UNP) is positive.