Union Pacific Corporation (NYSE: UNP): fell by 1.77% or $-1.91/share to $106.00. In the past year, the shares have traded as low as $77.73 and as high as $117.40. On average, 2959800 shares of UNP exchange hands on a given day and today's volume is recorded at 1887885. 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 $110.85 represents resistance and the 200-day moving average of $102.67 would be an area of support.
CSX Corporation (NYSE: CSX): fell by 1.28% or $-0.275/share to $21.24. In the past year, the shares have traded as low as $17.69 and as high as $27.06. On average, 11858900 shares of CSX exchange hands on a given day and today's volume is recorded at 5994092. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $21.35 area where the stock may encounter resistance.
United Parcel Service (NYSE: UPS): fell by 1.24% or $-0.99/share to $79.05. In the past year, the shares have traded as low as $60.74 and as high as $81.79. On average, 3979970 shares of UPS exchange hands on a given day and today's volume is recorded at 1457363. 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 $77.73 area where the stock will likely see buying pressure.
Norfolk Southern Corp. (NYSE: NSC): fell by 0.91% or $-0.6/share to $65.30. In the past year, the shares have traded as low as $57.57 and as high as $78.50. On average, 3512990 shares of NSC exchange hands on a given day and today's volume is recorded at 1141149. 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 $68.09 area but be careful because the stock may face selling pressure at this level.
FedEx Corporation (NYSE: FDX): fell by 1.55% or $-1.42/share to $90.07. In the past year, the shares have traded as low as $64.07 and as high as $98.66. On average, 2229240 shares of FDX exchange hands on a given day and today's volume is recorded at 763832. 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 $92.60 represents resistance and the 200-day moving average of $84.14 would be an area of support.
