Market Overview

Union Pacific: The Trend Continues Up (UNP)

(via COMTEX News Network)--

SmarTrend identified an Uptrend for Union Pacific (NYSE: UNP) on September 02, 2010 at $76.87. In approximately 3 months, Union Pacific has returned 17.7% as of today's recent price of $90.49.

In the past 52 weeks, shares of Union Pacific have traded between a low of $60.41 and a high of $92.71 and are now at $90.49, which is 50% above that low price.

Union Pacific is currently above its 50-day moving average of $85.88 and above its 200-day moving average of $76.13. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has climbed 1.36% while the 200-day MA has risen 0.96%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Union Pacific shares.

Write to Chip Brian at cbrian@tradethetrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com

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