United Parcel's most recent trend suggests a bearish bias. One trading opportunity on United Parcel is a Bear Call Spread using a strike $210.00 short call and a strike $230.00 long call offers a potential 8.4% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $18.45 would be incurred if the stock rose above the $230.00 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 at 26.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
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Wed, 16 Jun 2021 11:35:00 +0000
The market didn't take too kindly to UPS (NYSE: UPS) investor and analyst day presentation and promptly sold off the stock on the day of the event. Let's take a look at why investors are wrong to sell the stock off. Or at least it didn't live up to Wall Street analyst consensus estimates on one critical metric, free cash flow (FCF).
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Tue, 15 Jun 2021 13:08:26 +0000
FedEx Corp and robotics company Nuro on Tuesday announced a multi-year agreement to test self-driving vehicles in the package delivery company's network, starting with a pilot program in Houston. The companies will target delivery scenarios where Nuro's low-speed, unmanned vehicle can provide “the biggest bang for your buck,” Cosimo Leipold, Nuro's head of partnerships, told Reuters in an interview. That will likely include inefficient tasks like late-night pickups in out-of-the-way places, said Rebecca Yeung, FedEx vice president for advanced technology and innovation.
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