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 34.77% return on risk over the next 21 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 $1.29 would be kept by the premium seller. The risk of $3.71 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 at 36.08 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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Amazon (NASDAQ: AMZN) doubled the size of its already massive fulfillment network over the last two years, and now it's making it even more accessible to third parties. The e-commerce giant unveiled Buy with Prime last week, a service that allows merchants to provide Amazon Prime members fast and free shipping through their own websites. Giving merchants more control over their checkout experience will help drive Amazon's third-party seller services and leverage its growing fulfillment network and Prime membership.
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Tue, 26 Apr 2022 20:42:18 +0000
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Tue, 26 Apr 2022 20:34:22 +0000
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Tue, 26 Apr 2022 20:00:15 +0000
Wall Street ended sharply lower on Tuesday, led by the Nasdaq as investors worried about slowing global growth and a more aggressive Federal Reserve, and with Alphabet and Microsoft falling ahead of their quarterly reports to be released after the bell. Tesla slumped as investors worried that chief executive Elon Musk might sell some of his stake in the electric car maker to help pay for his $44 billion deal to buy Twitter, announced on Monday.
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