United Parcel's most recent trend suggests a bearish bias. One trading opportunity on United Parcel is a Bear Call Spread using a strike $94.00 short call and a strike $99.00 long call offers a potential 19.62% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $94.00 by expiration. The full premium credit of $0.82 would be kept by the premium seller. The risk of $4.18 would be incurred if the stock rose above the $99.00 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 31.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
What UPS' Coronavirus-Influenced Quarterly Report Revealed to Investors
Wed, 06 May 2020 15:25:00 +0000
In a move unlikely to surprise anyone, UPS followed FedEx (NYSE: FDX) in withdrawing its full-year guidance due to the impact of the COVID-19 pandemic. The contrast is most striking in the U.S. domestic package segment, where a high-single-digit revenue increase matched with a 42.2% fall in operating profit.
UPS Supports Edwards Lifesciences’ Distribution Of Critical ICU Monitoring Equipment And Other Medical Technologies
Mon, 04 May 2020 13:00:10 +0000
ATLANTA, May 04, 2020 — Solutions and expertise deployed include UPS Temperature True® shipping services, air freight services and warehouse optimization. Edwards’ monitoring.
Most People Want to Bail Out the USPS, According to a New Poll
Sat, 02 May 2020 14:34:00 +0000
A new poll finds that, essentially, everyone supports helping the post office through the Covid-19 crisis.
Is UPS Stock A Good Buy As Coronavirus Crisis Slams Economy?
Fri, 01 May 2020 20:58:13 +0000
United Parcel Service is the world’s biggest express carrier and package delivery company. But amid the coronavirus crisis, is UPS stock a buy right now?
United Parcel Service, Inc. Just Missed Earnings And Its EPS Looked Sad – But Analysts Have Updated Their Models
Fri, 01 May 2020 19:08:34 +0000
Last week, you might have seen that United Parcel Service, Inc. (NYSE:UPS) released its first-quarter result to the…
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