Investor Alert

June 20, 2021, 2:20 a.m. EDT

Union Pacific UNP Investment Analysis

Jun 20, 2021 (Stock Traders Daily via COMTEX) -- If you would like a Trading Report like this for all of your stocks, please click here: Stock Traders Daily Free Trial .

Technical Summary

Bias Neutral Neutral Strong
P1 0 0 218.72
P2 219.19 218.30 228.69
P3 222.00 221.54 238.07

Our Longer Term Plans for UNP help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this UNP Report.


There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

Short UNP under 218.72, target n/a, stop loss @ 219.35

The technical summary data is suggesting a short of UNP as it gets near 218.72, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 219.35. 218.72 is the first level of resistance above 214.81, and by rule, any test of resistance is a short signal. In this case, if resistance 218.72 is being tested, so a short signal would exist.


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