UNP trading volume has lost -624799 shares compared to readings over the past three months as it recently exchanged 4005201 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 4630000 shares, and this is 0.87 times the normal volume. A look at its technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 60.63 point.
Union Pacific Corporation (NYSE:UNP) climbed by 9.15% over the past three months which led to its overall six-month increase to stand at 7.62%. The equity price sank -0.8% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a 15.89% gain over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 19.6% and is now up by 15.51% since start of this year.
The shares of Union Pacific Corporation dropped by -3.6% or -$5.96 from its last recorded high of $165.63 which it attained on September 21 to close at $159.67 per share. Over the past 52 weeks, the shares of Union Pacific Corporation has been trading as low as $121.22 before witnessing a massive surge by 31.72% or $38.45. This price movement has led to the UNP stock receiving more attention and has become one to watch out for. It jumped by 0.38% on Sunday and this got the market excited. The stock’s beta now stands at 1.09 and when compared to its 200-day moving average and its 50-day moving average, UNP price stands 8.34% above and 8.23% above respectively. Its average daily volatility for this week is 1.55% which is less than the 2.14% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Union Pacific Corporation (UNP) with most of them predicting a $166.62 price target on a short-term (12 months) basis. The average price target by the analysts will see a 4.35% rise in the stock and would lead to UNP’s market cap to surge to $122.3B. The stock has been rated an average 2.2, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 28 analysts that track Union Pacific Corporation (NYSE:UNP) and find out that 12 of them rated it as a Hold. 14 of the 16 analysts rated it as a Buy or a Strong Buy while 2 advised investors to desist from buying the stock or sell it if they already possess it.
The price of Unum Group (NYSE:UNM) currently stands at $34.82 after it went up by $0.06 or 0.17% and has found a strong support at $34.55 a share. If the UNM price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $34.27 mark would also be bad for the stock as it means that the stock would plunge by 1.58% from its current position. However, if the stock price is able to trade above the resistance point around $35.07, then it could likely surge higher to try and break the upward resistance which stands at $35.31 a share. Its average daily volatility over the past one month stands at 2.39%. The stock has plunged by 0.86% from its 52-weeks high of $34.52 which it reached on Feb. 02, 2018. In general, it is 23.15% above its 52-weeks lowest point which stands at $26.76 and this setback was observed on Dec. 26, 2018.
Analysts have predicted a price target for Unum Group (UNM) for 1 year and it stands at an average $36.92/share. This means that it would likely increase by 6.03% from its current position. The current price of the stock has been moving between $34.52 and $35.04. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $27. On the other hand, one analyst is super bullish about the price, setting a target as high as $45.
Analysts view Unum Group (NYSE:UNM) as a Hold, with 2.9 consensus rating. Reuters surveyed 15 analysts that follow UNM and found that 8 of those analysts rated the stock as a Hold. The remaining 7 were divided, with 5 analyst rating it as a Buy or a Strong Buy while 2 analysts advised investors to desist from buying Unum Group (UNM) shares or sell it if they already own it.