UNP Approaches Resistance Overbought at $266.66
The stock of Union Pacific Corp (UNP) climbed 1.10% to close at $266.66 on February 25.
Key indicators suggest a mixed bias:
Momentum
RSI at 72.1 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (8.57 vs signal 7.79).
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($262.23) supports, 21-day ($254.05) below.
Volatility
Bollinger Band width at 20.4% indicates normal volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Traders are watching $226.59 on the downside and $278.18 on the upside.
