United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 6.84% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $95.00 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 67.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
USPS Changes Parcel Pricing Strategy; Shipper Impact Unclear
Fri, 14 Jun 2019 22:05:17 +0000
On June 23, the U.S. Postal Service (USPS) implements a pricing change that subjects more parcels to rates pegged to their dimensions instead of their actual weight. What impact, if any, this has on the USPS shipper universe won't be known for months. Under the new policy, USPS will, for the first time, price parcels which measure more than 1 cubic feet – or 1,728 cubic inches in multiplied length, width and girth – and which move less than 600 miles by the higher of either its “dimensional” or actual weight.
United Parcel Service (UPS) Outpaces Stock Market Gains: What You Should Know
Thu, 13 Jun 2019 21:50:09 +0000
In the latest trading session, United Parcel Service (UPS) closed at $102.02, marking a +1.61% move from the previous day.
DHL says it will invest $150 million to expand U.S. healthcare business
Thu, 13 Jun 2019 14:00:00 +0000
Deutsche Post DHL Group on Thursday said it will spend $150 million this year to expand its U.S. healthcare distribution network capacity by roughly 40 percent. The investment from DHL, the healthcare logistics leader with worldwide annual medical-related revenue of more than 3 billion euros ($3.4 billion), comes as rivals United Parcel Service Inc and FedEx Corp also eye that sector for growth. DHL's Supply Chain unit will add or expand nine Food and Drug Administration-compliant distribution sites for pharmaceutical, biotech and medical device companies in Indiana, North Carolina, Tennessee, Pennsylvania, California and Virginia – bringing the total of such U.S. facilities to 30.
Here's What FedEx's Breakup With Amazon Means
Thu, 13 Jun 2019 10:05:00 +0000
The companies have always been wary allies, but they may both be better off as honest rivals.
Amazon drone delivery is still ‘a couple years out,’ drone CEO says
Tue, 11 Jun 2019 22:14:35 +0000
The sky’s the limit for Amazon (AMZN) when its executive Jeff Wilke said he expects to start “delivering packages via drone to customers within months.” But Andreas Raptopoulos, Founder and CEO of Matternet says it’s not so fast.
“Based on our analysis, they’re probably a couple years out before we can see a commercial operation that will be the type of scale that Amazon would like to see,” he said.
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