United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $202.50 short put and a strike $197.50 long put offers a potential 30.21% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $202.50 by expiration. The full premium credit of $1.16 would be kept by the premium seller. The risk of $3.84 would be incurred if the stock dropped below the $197.50 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 39.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
United Parcel Service (UPS) Stock Sinks As Market Gains: What You Should Know
Fri, 25 Jun 2021 21:50:09 +0000
United Parcel Service (UPS) closed the most recent trading day at $205.61, moving -0.24% from the previous trading session.
FedEx’s e-commerce business looks strong in the coming years: analyst
Fri, 25 Jun 2021 14:38:20 +0000
Allison Poliniak-Cusic, Wells Fargo Securities Senior Analyst, joins Yahoo Finance Live to discuss how FedEx is faring amid the pandemic and the outlook for freight rates post-COVID.
FedEx Sinks on Higher Spending, Labor Costs Amid Parcel Boom
Fri, 25 Jun 2021 13:41:31 +0000
(Bloomberg) — FedEx Corp. tumbled as cost pressures tied to surging package deliveries emerged as a threat to the gusher of profits Wall Street expects from the courier. Capital expenditures will jump more than 20% during fiscal year 2022 as FedEx ramps up outlays to boost efficiency, including on 16 automated facilities to be built before the end of the year. Labor constraints also have boosted costs and crimped on-time deliveries.“The inability to hire team members, particularly package handl
FedEx Q4 sales, earnings top estimates as e-commerce, business spending ramps
Thu, 24 Jun 2021 20:05:46 +0000
The shipping company's results will likely be boosted again by strong consumer e-commerce demand and a pick-up in business shipping.
3 Reasons Why Growth Investors Shouldn't Overlook UPS (UPS)
Wed, 23 Jun 2021 16:45:04 +0000
UPS (UPS) possesses solid growth attributes, which could help it handily outperform the market.
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