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 6 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 40.74 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
Should You Be Adding United Parcel Service (NYSE:UPS) To Your Watchlist Today?
Fri, 13 May 2022 10:47:23 +0000
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Mon, 09 May 2022 15:20:36 +0000
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My Top Dividend Stock to Buy in May (and It's Not Even Close)
Mon, 09 May 2022 10:33:00 +0000
In the first third of 2022, the S&P 500 fell by 13.3% and the Nasdaq Composite suffered a painful 21.2% decline. Investors felt the pain and market volatility is on the upswing amid uncertainty about whether rising interest rates will be enough to slow down inflation. United Parcel Service (NYSE: UPS) is one that stands out as a safe dividend stock with a fair degree of upside potential, too.
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