United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 5.93% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $90.00 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 58.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
[$$] UPS Employees Union Votes to Override 3 Local Bargaining Units
Thu, 24 Apr 2014 01:04:51 GMT
The Wall Street Journal – The national union representing UPS employees voted Wednesday to override three local bargaining units that were holding out on approving parts of a five-year national contract with the delivery company….
Breaking News: UPS Finalizes Its Labor Contract in a Historically Unprecedented and Aggressive Way
Wed, 23 Apr 2014 22:38:03 GMT
Earnings Preview: United Parcel Service shares up 4% since Q4 report
Wed, 23 Apr 2014 18:11:21 GMT
New website links nation's veterans, employers
Wed, 23 Apr 2014 17:40:02 GMT
USA TODAY – Michelle Obama made announcement at Fort Campbell, Ky.
UPS Increases its Joining Forces Hiring Commitment to 50,000
Wed, 23 Apr 2014 16:53:04 GMT
GlobeNewswire – ATLANTA — UPS (NYSE: UPS) announced today plans to hire 50,000 veterans by the end of 2018. The total doubles the company's original five-year hiring pledge made last year as part of the Obama Administration's …
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