UNION PACIFIC CORP (UNP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UNP - US9078181081 - Common Stock
Overall UNP gets a technical rating of 5 out of 10. In the last year, UNP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, UNP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 234.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 233.37, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
211.12
We found 3 important support areas.
- A support zone ranging from 228.26 to 233.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 218.29 to 219.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 213.25 to 213.26. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 234.70 to 240.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @244.66 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for UNP is neutral. |
| ChartMill Relative Strength | 48.8 | NEUTRAL | UNP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UNP is below a declining 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) | DOWN | MIXED | The current price of UNP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.7 | NEUTRAL | The RSI value for UNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests UNP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.07 | NEUTRAL | The Stochastics value for UNP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for UNP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.73 | NEGATIVE | The low ADX value for UNP suggests a weak or negative trend. |
233.62
+1.65 (+0.71%)
UNION PACIFIC CORP / UNP FAQ
What is the ChartMill technical rating of UNION PACIFIC CORP (UNP) stock?
ChartMill assigns a technical rating of 5 / 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.
Can you provide the RSI signal for UNION PACIFIC CORP?
UNION PACIFIC CORP (UNP) has an RSI value of 52.7026. This indicates that the stock is currently neutral.
Can you provide the short term momentum for UNION PACIFIC CORP?
The short term momentum for UNION PACIFIC CORP (UNP) is neutral.