The bearish DailyPlay we chose for Tuesday June 9th is Union Pacific Corporation (UNP). UNP is part of the Industrials Sector (XLI). Over the last three months, XLI has experienced a 2.41% move lower as both 1-month and 6-month trends are bearish. XLI looks positioned to continue lower towards its $54.83 support level.
Union Pacific Corporation continues its strong bearish trend as it bounced off its 20-day moving average. With a technical score of 2 (out of 10) and negative momentum, UNP looks positioned to continue lower towards its $96.17 support level.
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