UNITED PARCEL SERVICE INC.
UNITED PARCEL SERVICE INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
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Change: -
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Type: Stocks
Ticker: UPS
ISIN:

UNITED PARCEL SERVICE INC. - Daily - Technical analysis published on 09/24/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 114.49 USD
My targets
120.34 USD (+1.08%)
124.66 USD (+4.71%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 114.49 USD remains possible. It is advisable to trade UNITED PARCEL SERVICE INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 114.49 USD. The next bullish objective for buyers is set at 120.34 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 124.66 USD. If there is any crossing, the next objective would be the resistance located at 134.09 USD. PS: if there is a bearish break in the support located at 114.49 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The UNITED PARCEL SERVICE INC. rating is 119.05 USD. The price registered a decrease of -1.37% on the session and was between 118.91 USD and 120.89 USD. This implies that the price is at +0.12% from its lowest and at -1.52% from its highest.

118.91
120.89
119.05

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of UNITED PARCEL SERVICE INC. in Daily shows an overall bullish trend. 75% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



On the 18 technical indicators analysed, 3 are bullish, 9 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 102.47 106.83 114.49 119.05 120.34 124.66 134.09
Change (%) -13.93% -10.26% -3.83% - +1.08% +4.71% +12.63%
Change -16.58 -12.22 -4.56 - +1.29 +5.61 +15.04
Level Minor Intermediate Major - Major Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard118.02118.65119.67120.30121.32121.95122.97
Camarilla120.25120.40120.55120.70120.85121.00121.15
Woodie118.23118.75119.88120.40121.53122.05123.18
Fibonacci118.65119.28119.67120.30120.93121.32121.95


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard114.39116.55118.63120.79122.87125.03127.11
Camarilla119.53119.92120.31120.70121.09121.48121.87
Woodie114.34116.53118.58120.77122.82125.01127.06
Fibonacci116.55118.17119.17120.79122.41123.41125.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard103.49107.00112.83116.34122.17125.68131.51
Camarilla116.09116.95117.80118.66119.52120.37121.23
Woodie104.65107.58113.99116.92123.33126.26132.67
Fibonacci107.00110.57112.77116.34119.91122.11125.68

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 51.25
MACD (12,26,9): 1.6600
Directional Movement: 0.03
AROON (14): 50.00
DEMA (21): 122.11
Parabolic SAR (0,02-0,02-0,2): 123.34
Elder Ray (13): -0.48
Super Trend (3,10): 116.25
Zig ZAG (10): 119.05
VORTEX (21): 0.9700
Stochastique (14,3,5): 37.25
TEMA (21): 121.51
Williams %R (14): -88.25
Chande Momentum Oscillator (20): -2.15
Repulse (5,40,3): -0.3700
ROCnROLL: -1
TRIX (15,9): 0.2700
Courbe Coppock: 6.08
MA7: 121.08
MA20: 119.85
MA50: 115.51
MA100: 107.39
MAexp7: 120.51
MAexp20: 119.61
MAexp50: 115.51
MAexp100: 111.41
Price / MA7: -1.68%
Price / MA20: -0.67%
Price / MA50: +3.06%
Price / MA100: +10.86%
Price / MAexp7: -1.21%
Price / MAexp20: -0.47%
Price / MAexp50: +3.06%
Price / MAexp100: +6.86%

This member declared not having a position on this financial instrument or a related financial instrument.

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