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 $102.00 long put offers a potential 21.95% 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 $107.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $102.00 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 71.05 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
Airplane mechanics decide on new labor pact with UPS
Sat, 09 Feb 2019 00:01:32 +0000
Teamsters 2727 members have voted to ratify a new contract with United Parcel Service Inc. This union represents about 1,400 aircraft mechanics and related employees. The union said it makes UPS Air Cargo mechanics the highest-paid air cargo mechanics in the country by a wide margin. “We knew if we stuck together and stayed committed to protecting the pay and benefits we’ve earned over decades of hard work, we’d do what many thought was impossible and win big for our families, the future of our company and our customers,” Teamsters Local 2727 President Tim Boyle said in a news release.
See what the IHS Markit Score report has to say about United Parcel Service Inc.
Fri, 08 Feb 2019 13:01:08 +0000
United Parcel Service Inc NYSE:UPSView full report here! Summary * Perception of the company’s creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for UPS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting UPS. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding UPS totaled $16.34 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. UPS credit default swap spreads are near their highest levels of the last 3 years, which indicates the market’s more negative perception of the company’s credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Fifty years on, Boeing’s 747 clings to life as cargo carrier
Fri, 08 Feb 2019 12:48:03 +0000
Boeing’s 747 jumbo jet, an aircraft that democratized global air travel in the 1970s but fell behind modern twin-engine passenger jets, has bounced back from near death to mark its 50-year flying anniversary on Saturday, thanks to a cargo market boom fueled by online shopping. Boeing’s “Queen of the Skies” is the world’s most easily recognized jetliner with its humped fuselage and four engines. It is now enjoying a second, perhaps less glamorous life, as a cargo mule for companies like United Parcel Service Inc.
Why Amazon Is Investing in Self-Driving Technology
Fri, 08 Feb 2019 12:13:57 +0000
Amazon just gave investors another clear sign that autonomous vehicles are a key part of its future.
UPS Launches Women’s Economic Empowerment Partnership with USAID
Thu, 07 Feb 2019 19:10:00 +0000
UPS® (UPS), a global logistics provider, at a White House event today announced a collaboration with the United States Agency for International Development (USAID) to promote women’s economic empowerment and to improve women entrepreneurs’ ability to export. The UPS-USAID efforts are part of the White House’s Women’s Global Development and Prosperity Initiative (W-GDP) that officially launched today.
Follow Us on Facebook