UNITED PARCEL SERVICE-CL B (UPS) Stock Technical Analysis
NYSE:UPS • US9113121068
Taking everything into account, UPS scores 8 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- 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 6110650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, UPS outperforms 65% of them, which is more or less in line with the market.
- UPS is an average performer in the Air Freight & Logistics industry, it outperforms 45% of 23 stocks in the same industry.
Besides having an excellent technical rating, UPS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 106.22 to 107.70. 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.
- Support @84.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 117.52 to 120.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 65.12 | 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) | 61.53 | NEUTRAL | The RSI value for UPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests UPS has a negative trend. |
| Stochastics (14,3) | 63.41 | NEUTRAL | The Stochastics value for UPS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for UPS suggests some volalility. |
| Average Directional Index/ADX (14) | 44.54 | POSITIVE | The high ADX value value for UPS suggests a strong trend. |
116.73
+1.19 (+1.03%)
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 61.5347. 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 -0.292481, 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 107.7 and a resistance level at 117.52. Check the full technical report for our detailed analysis of UPS support and resistance levels.