Union Pacific (UNP) is trading in a Stage 2 advance, holding above a rising 30-week moving average with the price just 1.8% off its 52-week high. The market is focused on a four-week, 5.8%-deep consolidation that is forming just below a 307.32 pivot, with no faulty base characteristics detected. Overall sentiment is bullish, as the trend template passes 7 of 8 checks and the stock remains in an offensive setup despite the relative strength line lagging its three-month high.
Technical Analysis
As of 2026-08-19 · Close $301.8
Stage Analysis
Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 4.54%)
Detected Patterns — What the Market Is Watching
- Consolidation (not yet a fully-formed base) — depth 5.8%, length 4 weeks, pivot $307.32
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