FedEx Corporation (NYSE: FDX): traded higher by 0.15% or $0.14/share to $92.52. In the past year, the shares have traded as low as $64.07 and as high as $98.66. On average, 2177050 shares of FDX exchange hands on a given day and today's volume is recorded at 1302916. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $92.84 represents resistance and the 200-day moving average of $83.69 would be an area of support.
Union Pacific Corporation (NYSE: UNP): traded higher by 0.96% or $1.04/share to $109.93. In the past year, the shares have traded as low as $77.73 and as high as $117.40. On average, 2913450 shares of UNP exchange hands on a given day and today's volume is recorded at 930332. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $111.31 represents resistance and the 200-day moving average of $102.09 would be an area of support.
United Parcel Service (NYSE: UPS): traded higher by 1.00% or $0.8/share to $80.51. In the past year, the shares have traded as low as $60.74 and as high as $81.79. On average, 3938670 shares of UPS exchange hands on a given day and today's volume is recorded at 1104508. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $77.44 area where the stock will likely see buying pressure.
Norfolk Southern Corp. (NYSE: NSC): traded higher by 2.30% or $1.48/share to $65.93. In the past year, the shares have traded as low as $57.57 and as high as $78.50. On average, 3441900 shares of NSC exchange hands on a given day and today's volume is recorded at 1231321. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $68.66 area but be careful because the stock may face selling pressure at this level.
CSX Corporation (NYSE: CSX): traded higher by 1.02% or $0.215/share to $21.38. In the past year, the shares have traded as low as $17.69 and as high as $27.06. On average, 11546500 shares of CSX exchange hands on a given day and today's volume is recorded at 3031869. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $21.44 represents resistance and the 200-day moving average of $21.31 would be an area of support.
