Learn to Evaluate (UNP) using the Charts

November 09, 2024, 11:22 am ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for UNP

• Buy UNP near 241.48 target 255.6 stop loss @ 240.78 Details

The technical summary data tells us to buy UNP near 241.48 with an upside target of 255.6. This data also tells us to set a stop loss @ 240.78 to protect against excessive loss in case the stock begins to move against the trade. 241.48 is the first level of support below 241.49 , and by rule, any test of support is a buy signal. In this case, support 241.48 is being tested, a buy signal would exist.

• Short UNP slightly under 255.6, target 241.48, stop loss @ 256.34 Details

The technical summary data is suggesting a short of UNP as it gets near 255.6 with a downside target of 241.48. We should have a stop loss in place at 256.34though. 255.6 is the first level of resistance above 241.49, and by rule, any test of resistance is a short signal. In this case, if resistance 255.6 is being tested, a short signal would exist.

Swing Trading Plans for UNP

• Buy UNP slightly over 245.29, target 255.6, Stop Loss @ 244.58 Details

If 245.29 begins to break higher, the technical summary data tells us to buy UNP just slightly over 245.29, with an upside target of 255.6. The data also tells us to set a stop loss @ 244.58 in case the stock turns against the trade. 245.29 is the first level of resistance above 241.49, and by rule, any break above resistance is a buy signal. In this case, 245.29, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short UNP slightly near 245.29, target 241.48, Stop Loss @ 246. Details

The technical summary data is suggesting a short of UNP if it tests 245.29 with a downside target of 241.48. We should have a stop loss in place at 246 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 245.29, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for UNP

• Buy UNP slightly over 242.38, target 245.29, Stop Loss @ 241.81 Details

If 242.38 begins to break higher, the technical summary data tells us to buy UNP just slightly over 242.38, with an upside target of 245.29. The data also tells us to set a stop loss @ 241.81 in case the stock turns against the trade. 242.38 is the first level of resistance above 241.49, and by rule, any break above resistance is a buy signal. In this case, 242.38, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short UNP slightly near 242.38, target 241.48, Stop Loss @ 242.95. Details

The technical summary data is suggesting a short of UNP if it tests 242.38 with a downside target of 241.48. We should have a stop loss in place at 242.95 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 242.38, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Union Pacific Corporation (UNP) available here: UNP.

UNP Ratings for November 09:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	226.58
P2	242.38	233.97	241.48
P3	251.78	245.29	255.6

AI Generated Signals for UNP

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Union Pacific Corporation (NYSE: UNP) report below can help you understand how to do this. The trading plans for UNP, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.