Union Pacific Corporation (UNP) stock is up 8.08% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With UNP Stock Today?
Union Pacific Corporation (UNP) stock is trading at $185.97 as of 10:39 AM on Monday, Aug 10, a rise of $3.04, or 1.66% from the previous closing price of $182.93. The stock has traded between $183.45 and $186.20 so far today. Volume today is less active than usual. So far 502,966 shares have traded compared to average volume of 3,095,344 shares.
To see InvestorsObserver's Sentiment Score for Union Pacific Corporation click here.
More About Union Pacific Corporation
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the U.S., UP generated $22 billion of revenue in 2019 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and derives about 10% of its revenue hauling freight to and from Mexico.
