United Parcel's most recent trend suggests a bearish bias. One trading opportunity on United Parcel is a Bear Call Spread using a strike $162.50 short call and a strike $167.50 long call offers a potential 17.92% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $162.50 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock rose above the $167.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for United Parcel is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for United Parcel is bearish.
The RSI indicator is at 74.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
UPS Announces Executive Leadership Team Changes
Wed, 26 Aug 2020 20:07:00 +0000
ATLANTA, Aug. 26, 2020 (GLOBE NEWSWIRE) — UPS (NYSE:UPS) today announced the appointment of Nando Cesarone to President, U.S. Operations and Scott Price to President, UPS International. Nando Cesarone previously served as President UPS International and in that role led the company's business operations in more than 220 countries and territories outside of the U.S. Prior to that, he served as President of UPS’s European operations, leading UPS Europe to record business performance during the company’s five-year investment program. Cesarone also served as President of the Asia Pacific Region. Cesarone will now also be able to take his extensive international experience to drive greater cross-border success for our U.S. customers expanding into overseas markets. Nando succeeds George Willis, who has chosen to retire for personal and family reasons. George served in a series of roles of increasing responsibility over the course of his successful 36-year career at the company. In leading UPS International, Scott Price will bring the global operational perspectives he has gained from being responsible for strategic planning, Global Business Services and the company’s Advanced Technology Group, as well as having lived and worked abroad in Europe and Asia for most of his career. He has proven expertise running our strategy and transformation efforts in identifying and executing opportunities for profitable growth within existing business units, and in new markets and product segments. He has the breadth of perspective needed to create the highest strategic benefit for UPS and its customers in order to drive greater shareholder value. Prior to UPS, Scott served as Executive Vice President of Global Leverage for Walmart International and President and Chief Executive Officer of Walmart Asia. Scott also held executive leadership roles in international positions at DHL Express Europe and at the Coca-Cola Company in both Japan and China. About UPSUPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America’s Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Forbes Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at ups.com/longitudes The company’s sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter. To get UPS news direct, follow @UPS_News on Twitter. To ship with UPS, visit ups.com/ship. CONTACT: UPS Media Relations 404-828-7123 pr@ups.com
3 Top Industrial Stocks to Buy Now
Mon, 24 Aug 2020 11:57:00 +0000
Transportation, construction, aerospace, defense, and more comprise one of the foundational sectors of the modern U.S. economy: the industrial sector. Whether it's proven stability and dividend growth, massive upside, or a potential turnaround to profit from, United Parcel Service (NYSE: UPS), Virgin Galactic (NYSE: SPCE), and Southwest Airlines (NYSE: LUV) offer compelling choices in the industrial sector right now.
Top 5 Corporate Giants Up More Than 15% Since Last Earnings
Mon, 24 Aug 2020 11:10:11 +0000
The stock prices of several companies have popped since they declared their last earnings results. We have selected five companies with a favorable Zacks Rank.
The U.S. House Just Passed a $25 Billion Bill to Fund the Post Office
Sat, 22 Aug 2020 23:22:00 +0000
House Democrats were joined by 26 Republicans in passing the emergency funding bill, which is unlikely to get Senate support.
USPS’s New Chief, Louis DeJoy, Just Testified. Why It Matters for FedEx and UPS.
Fri, 21 Aug 2020 20:08:00 +0000
Louis DeJoy’s appearance before a Senate committee was a grilling. And it was worth hearing.
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