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Asset Summary

Daily Performance Report for UNP ETF: Nov 8, 2024

Summary: The day started with UNP ETF opening at $241.96 and closing at $241.49. The ETF showed weakness throughout the day, with the highest price observed at $244.13 and the lowest at $240.81. The underlying asset had a trading range of $3.32 Overall, it was a negative trading day for UNP ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-0.47 or -0.19% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for UNP ETF was 2,168,387 units during Nov 8, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $241.96.

Highest Price: The highest price observed during the day was $244.13.

Lowest Price: The lowest price observed during the day was $240.81.

Closing Price: The day ended at $241.49.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Yes, Union Pacific is publicly traded on the New York Stock Exchange under the ticker symbol UNP.

Challenges include regulatory pressures, competition from other transportation modes, and economic fluctuations affecting freight demand.

Union Pacific actively analyzes market trends and adjusts its operations and services to meet changing customer demands.

Union Pacific employs rigorous safety protocols, ongoing employee training, and investment in technology to enhance safety across its operations.

The outlook for Union Pacific remains positive, driven by infrastructure investments and a growing economy increasing freight demand.

Union Pacific utilizes advanced technologies such as GPS tracking, predictive analytics, and automated operations to improve service and efficiency.

Union Pacific plays a critical role in the economy by facilitating the movement of goods across the nation, supporting various industries and job creation.

Union Pacific operates over 32,000 miles of track in 23 states.

Union Pacific primarily offers freight rail transportation and logistics services for various industries including agriculture, automotive, and coal.

Union Pacific aims to enhance operational efficiency, expand its service offerings, and invest in technology to support growth.

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