UNITED PARCEL SERVICE-CL B (UPS) Stock Technical Analysis
NYSE:UPS • US9113121068
We assign a technical rating of 8 out of 10 to UPS. Although UPS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- UPS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UPS is lagging the market slightly.
- UPS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- UPS has an average volume of 6119510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, UPS turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- UPS is an average performer in the Air Freight & Logistics industry, it outperforms 50% of 23 stocks in the same industry.
UPS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
102.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 107.62 to 108.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @103.70 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 119.24 to 120.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for UPS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UPS is up. |
| ChartMill Relative Strength | 63.25 | NEUTRAL | UPS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UPS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UPS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UPS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.31 | NEUTRAL | The RSI value for UPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests UPS has a negative trend. |
| Stochastics (14,3) | 53.97 | NEUTRAL | The Stochastics value for UPS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for UPS suggests some volalility. |
| Average Directional Index/ADX (14) | 43.64 | POSITIVE | The high ADX value value for UPS suggests a strong trend. |
115.02
-1.71 (-1.46%)
UNITED PARCEL SERVICE-CL B / UPS FAQ
What is the technical rating for UPS stock?
ChartMill assigns a technical rating of 8 / 10 to UPS.
What is the trend direction for UPS stock?
The current trend direction for UNITED PARCEL SERVICE-CL B (UPS) is Bullish.
What is the RSI signal for UNITED PARCEL SERVICE-CL B (UPS) stock?
UNITED PARCEL SERVICE-CL B (UPS) has an RSI value of 56.3144. This indicates that the stock is currently neutral.
What is the MACD signal for UPS stock?
The MACD indicator for UNITED PARCEL SERVICE-CL B (UPS) has a value of -0.469336, indicating a bearish trend.
What are the support and resistance levels for UNITED PARCEL SERVICE-CL B (UPS) stock?
UNITED PARCEL SERVICE-CL B (UPS) has a support level at 108.52 and a resistance level at 119.24. Check the full technical report for our detailed analysis of UPS support and resistance levels.