United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $107.00 short put and a strike $100.00 long put offers a potential 34.1% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $107.00 by expiration. The full premium credit of $1.78 would be kept by the premium seller. The risk of $5.22 would be incurred if the stock dropped below the $100.00 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 30.53 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
Does United Parcel Service Inc’s (NYSE:UPS) P/E Ratio Signal A Buying Opportunity?
Tue, 06 Nov 2018 11:55:29 +0000
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we'll show how United Parcel Service Inc's
Amazon hiring thousands of delivery drivers for holiday season
Mon, 05 Nov 2018 23:03:12 +0000
Amazon.com Inc (AMZN.O) wants to hire thousands of seasonal delivery drivers to supplement services provided by the U.S. Post Office, United Parcel Service Inc (UPS.N), FedEx Corp (FDX.N) and its own delivery partners, the company said on Monday. The move comes as the online retailer is also recruiting new delivery service partners, or DSPs, to help reduce delivery costs that more than tripled to $21.7 billion (£16.6 billion) between 2013 and 2017. Amazon and its DSP owners are competing for workers in the tightest U.S. labour market in decades.
One-third of Canadians find holiday shopping more stressful than five years ago
Mon, 05 Nov 2018 14:40:00 +0000
MISSISSAUGA, ON , Nov. 5, 2018 /CNW/ – (UPS) While the holiday period is long considered one of the most joyous times of the year, one-third of Canadians find holiday shopping more stressful than they did five years ago. Although more people are turning to online shopping and buying fewer gifts, as a way to alleviate their stress. According to a recent Leger study, commissioned by UPS Canada, the top reasons for heightened stress around holiday shopping are overcrowded stores, gifts becoming increasingly expensive, and the difficulty in finding the right gift to please everyone on your list.
FedEx to raise ground, home delivery shipping rates starting Jan. 7
Mon, 05 Nov 2018 14:13:00 +0000
FedEx Corp. said Monday it will increase U.S. shipping rates by an average 4.9%, starting Jan. 7, 2019. The package delivery service said the increase includes rates for U.S. domestic, U.S. export and U.S. import services, including FedEx Ground and FedEx Home Delivery. Rates for FedEx SmartPost will also increase. FedEx Freight shipping rates will increase by an average of 5.9%. FedEx reported in September fiscal first-quarter operating expenses increased 12% to $15.98 billion, as employees costs rose 11% and purchased transportation grew 15%. The stock was still inactive in premarket trade. It has lost 8.9% over the past three months, while shares of rival United Parcel Service Inc. have declined 11%, the Dow Jones Transportation Average has slipped 2.3% and the Dow Jones Industrial Average has gained 2.2%.
Boeing Sees a Doubling in Global Freight: 3 Stocks Set to Benefit
Sat, 03 Nov 2018 11:18:00 +0000
When an industry leader gives a bullish forecast in a key end market, it usually makes sense to take notice.
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