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Worth Watching Stocks: Union Pacific Corporation (UNP), United Technologies Corporation (UTX), Apache Corporation (APA)

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Union Pacific Corporation (UNP) saw its value decrease by -0.36% as the stock dropped $-0.39 to finish the day at a closing price of $109.39. The stock was lighter in trading and has fluctuated between $77.07-$111.38 per share for the past year. The shares, which traded within a range of $108.5 to $110 during the day, are up by 11.03% in the past three months and up by 17.04% over the past six months. It is currently trading 1.07% above its 20 day moving average and 3.47% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $112.82 a share over the next twelve months. The current relative strength index (RSI) reading is 60.92.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. The company also provides transportation services for coal, petroleum coke, and biomass; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export container traffic. Its rail network includes 32,070 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska.

United Technologies Corporation (UTX) shares were up in last trading by 0.14% to $112.07. It experienced lighter than average volume on day. The stock increased in value by almost 2.4% over the past week and grew 2.1% in the past month. It is currently trading 2.23% above its 50 day moving average and 7.88% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.08% decrease in value from its one year high of $112.83. The RSI indicator value of 62.8, lead us to believe that it is a hold for now.

United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; and offers modernization products to upgrade elevators and escalators, as well as maintenance and repair services. The company’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications. This segment offers electronic security products, including intruder alarms, access control systems, and video surveillance systems; fire safety products; and design, installation, systems integration, repair, maintenance, monitoring, and inspection services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation markets; and provides aftermarket maintenance, repair, and overhaul, as well as fleet management services. The company’s UTC Aerospace Systems segment provides electric power generation, power management, and distribution systems; air data and aircraft sensing systems; engine control, intelligence, surveillance, and reconnaissance systems; engine components; environmental control systems; fire and ice detection, and protection systems; propeller systems; engine nacelle systems; aircraft lighting and seating, and cargo systems; actuation and landing systems; space products and subsystems; and aftermarket services. United Technologies Corporation offers its services through manufacturers’ representatives, distributors, wholesalers, dealers, retail outlets, and sales representatives, as well as directly to customers. United Technologies Corporation was founded in 1934 and is headquartered in Farmington, Connecticut.

Apache Corporation (APA) traded within a range of $54.96 to $55.98 after opening the day at $55.77. The company has seen its stock decrease in value by -12.6% so far this year. The stock was down close to -0.61% on light volume in last trading session and closed at $55.25 per share. After the recent fall, the stock is currently holding -19.61% below its 52 week high of $69 and 55.72% above its 12-month low of $36.09. The shares are down by over -12.49% in the last three months, and the RSI indicator value of 25.26 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.

 

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