United Parcel's most recent trend suggests a bearish bias. One trading opportunity on United Parcel is a Bear Call Spread using a strike $190.00 short call and a strike $195.00 long call offers a potential 42.86% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $190.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock rose above the $195.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for United Parcel
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Thu, 21 Apr 2022 21:50:09 +0000
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Wed, 20 Apr 2022 19:28:07 +0000
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Wed, 20 Apr 2022 15:34:03 +0000
New business, favorable pricing and higher volumes are expected to have aided Ryder's (R) first-quarter 2022 performance.
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