UNP Sees Bearish MACD Divergence at $233.44
BearishUnion Pacific Corp (UNP) closed down 0.69% at $233.44 on December 27.
Technical indicators paint a bearish picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($234.74). The 21-day EMA sits at $233.20.
Momentum
RSI at 57.8 is in neutral territory but trending lower. MACD is bearish (1.78 vs signal 2.36).
Volatility
Stock has been in a TTM Squeeze for 4 days, indicating compressed volatility and potential for a significant move.
Key levels to watch: Support at $230.33, Resistance at $239.61.