Union Pacific stock: buy or sell
Jul 29th, 2021
Union Pacific stock brief
- Union Pacific stock only moved -0.67% to close at $216.56 on the stock market on Wednesday, breaking a streak of 5 sessions in positive.
- On July 22, Union Pacific released its Q2 financial report
- Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States.
Should I buy Union Pacific stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $UNP stock a buy?
Currently, Union Pacific stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $UNP will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Union Pacific stock?
When you own stock shares with some profit, it's really difficult to decide the best moment to sell and get your profits. Trading strategies give us the ability us to avoid impetuous decisions based on our personal sentiments or the noise surrounding the market. We like very simple strategies to guide us on when is a good time to sell a stock. Be aware that these strategies are not intended for shorting $UNP stock
A golden rule is that you should not mantain an operation that leads to greater losses than those expected by the time of the buy. The moment to sell your stock should always be determined by the stop-loss (automatic or manual)
Is it time to sell Union Pacific stock?
In the current situation of Union Pacific there is not any eligible sell setup, so Union Pacific stock holders with operations in green can keep their positions
Union Pacific ratings
We don't have any rating posted in the last 30 days for Union Pacific
Union Pacific stock analysis
Supports and resistances
The current resistances are:
The current support levels are:
Since the price broke down the lower band on July 19, the price has bounced up by 1.70%. The price is moving very close to the lower Bollinger band, indicating some level of oversold in recent sessions. This is not a buy signal, as price can move in these levels for many days and weeks
Relative strength index
The has been between the overbought and oversold zones for some weeks, and therefore, without this indicator really serving to help us make any decisions.
Union Pacific stock price history
Union Pacific IPO was on Jan 2nd, 1980 priced at $1.10 per share1. Since then, UNP stock surged by 19,587.27%, with an average of 477.74% per year. If you had invested thousand dollars in Union Pacific stock on the IPO, it would worth $196,872.73 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Union Pacific stock
Nobody knows how much a share will be priced tomorrow. Banks and financial organisations publish their analysis forecasting how a stock will performance in the future.
The following table shows the price forecasts published by analysts in the last month. If you are a small trader you should not trade based on these price targets.
We don't have any target price published in the previous 4 weeks for Union Pacific.
Earnings and financials
Union Pacific ($UNP) hosted the shareholders event and presented the report on July 22. Union Pacific surpassed market estimates and reported of $2.72, that is a 8.80% better than expected versus the previous estimates of $2.50. Even so, reported sales of $5.5 billion were in line with analysts estimates.Compared to the same quarter one year ago, EPS was $1.67, so current EPS means a improvement of 62.87%. Looking at turnover, figures skyrocketed a 29.69% compared to $42.4B same quarter a year ago.
Union Pacific ($UNP) will host the earnings call next October. Estimated for this quarter is $2.63, compared to $2.72 that was reported for Q2.
Union Pacific performance
|Union Pacific ($UNP)||-1.50%||-4.40%||10.80%|
Disclaimer:The viewpoints given in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this text does not know the specific scenarios of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for educative motives only
Union Pacific summary
|Wednesday, July 28th, 2021|
|Day range||$215.54 - $219.08|
|Average true range||$4.59|
|50d mov avg||$220.92|
|100d mov avg||$220.11|
|200d mov avg||$210.57|
|Earnings date||October 20th, 2021|