United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $114.00 short put and a strike $109.00 long put offers a potential 27.88% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $114.00 by expiration. The full premium credit of $1.09 would be kept by the premium seller. The risk of $3.91 would be incurred if the stock dropped below the $109.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Parcel is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for United Parcel is bullish.
The RSI indicator is at 68.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
Amazon begins rolling out bigger UPS and FedEx-style delivery trucks
Sat, 11 Jul 2020 05:17:52 +0000
Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc and FedEx Corp, as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc. The world's largest online retailer ordered more than 2,200 heavy-duty Utilimaster “walk-in” delivery trucks from Shyft Group, a Michigan-based specialty vehicle company, an Amazon spokeswoman told Reuters. The company declined to say how many of the vehicles have been sent to Amazon delivery contractors, or where they would be deployed.
Social network of 9,000 Black professionals will be much more than 'just a Black talent pool': CEO
Fri, 10 Jul 2020 19:54:01 +0000
Valence CEO Guy Primus shared his two-pronged approach to building a sustainable business with a mission to bridge Black talent and economic opportunity and achievement.
UPS & Yotpo Join Forces To Offer eCommerce Marketing Solutions and Shipping to Small And Medium-Sized Businesses
Thu, 09 Jul 2020 14:00:00 +0000
Yotpo, a leading eCommerce marketing platform, has announced that it has been selected as a partner of choice for UPS's (NYSE: UPS) Customer Technology Program (CTP), enabling thousands of small and medium-sized businesses (SMBs) access to advanced solutions for ratings and reviews, visual user-generated content marketing and customer insights. Yotpo enables advocacy and a better customer experience, which helps accelerate growth and builds customer lifetime value.
Some CEOs decline White House dinner for Mexican president amid coronavirus surge
Wed, 08 Jul 2020 22:26:53 +0000
The White House CEO dinner on Wednesday evening with Mexican President Andres Manuel Lopez Obrador will have some notable absences among corporate invitees – one because of a positive coronavirus test. American Farm Bureau President Zippy Duvall tested positive for COVID-19 on Wednesday morning, after he experienced a fever and a cough, and will not attend the dinner, a spokeswoman for the trade group said. The dinner, in the White House's East Room, is the most prominent state-level social event hosted by the Trump administration since coronavirus lockdowns began in March.
What FedEx's Earnings Results Mean for UPS Shareholders
Wed, 08 Jul 2020 11:30:00 +0000
It's almost impossible to look at a set of quarterly results from FedEx (NYSE: FDX) without considering what the read-across will be for United Parcel Service (NYSE: UPS). Given that the fiscal 2020 fourth-quarter results FedEx delivered on June 30 were warmly received by the market, it would seem appropriate to take a look at what UPS investors should be expecting when their company next reports on July 22. FedEx's earnings excited the market because the margin on the company's ground delivery business was a lot better than many had feared it would be.
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