United Parcel's most recent trend suggests a bearish bias. One trading opportunity on United Parcel is a Bear Call Spread using a strike $212.50 short call and a strike $217.50 long call offers a potential 23.46% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $212.50 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock rose above the $217.50 long call 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 66.33 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
UPDATE 4-Biden talks to Walmart, UPS, Target, other CEOs on supply issues
Tue, 09 Nov 2021 21:05:08 +0000
U.S. President Joe Biden spoke on Tuesday with the chief executives of Walmart Inc, United Parcel Service Inc, FedEx Corp and Target Corp to discuss speeding up deliveries and lowering prices for consumers. Biden took to Twitter to say he understood the concerns about the supply chain gridlocks and the potential impact on Americans as they brace for the holiday season.
Biden talks to Walmart, UPS, Target, other CEOs on supply issues
Tue, 09 Nov 2021 20:46:08 +0000
WASHINGTON (Reuters) -U.S. President Joe Biden spoke on Tuesday with the chief executives of Walmart Inc, United Parcel Service Inc, FedEx Corp and Target Corp to discuss speeding up deliveries and lowering prices for consumers. Biden took to Twitter to say he understood the concerns about the supply chain gridlocks and the potential impact on Americans as they brace for the holiday season.
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Mon, 08 Nov 2021 19:48:04 +0000
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