United Parcel's most recent trend suggests a bearish bias. One trading opportunity on United Parcel is a Bear Call Spread using a strike $182.50 short call and a strike $187.50 long call offers a potential 20.19% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $182.50 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock rose above the $187.50 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 36.82 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for United Parcel
Analysts Are Downgrading These 10 Stocks on Friday
Fri, 13 May 2022 21:07:15 +0000
In this article, we will discuss 10 stocks analysts are downgrading today. To take a look at some more stocks that are in the news, go to Analysts Are Downgrading These 5 Stocks on Friday. US stocks are in the green on Friday and are trying to recover some of the losses incurred earlier in […]
JP Morgan Could Be Wrong About UPS
Fri, 13 May 2022 19:35:46 +0000
The stock is undervalued, contrary to popular belief
Should You Be Adding United Parcel Service (NYSE:UPS) To Your Watchlist Today?
Fri, 13 May 2022 10:47:23 +0000
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to…
America's biggest companies with female CEOs have little to say on abortion rights
Thu, 12 May 2022 14:16:42 +0000
Most of the country’s top female-led companies have little, if nothing right now, to say about the possibility that within a month or so, women in at least nine U.S. states could lose their right to obtain an abortion.
Boeing Deliveries Drop in April but Rise From Year Ago
Wed, 11 May 2022 13:21:51 +0000
Commercial airplane maker Boeing (BA) announced a slowdown in its deliveries in April 2022. Here's what you need to know.
Related Posts
Also on Market Tamer…
Follow Us on Facebook