The first report noted that United Parcel Service's stock pricer closed Tuesday at 72.05. That MIC report said "United Parcel Service stock has been showing support around $71.20 and resistance in the $73.34 range. Technical indicators for the stock are Bearish and S&P gives UPS a positive 4 STARS (out of 5) buy rating."
Differing points of view come, however, from Smartrend, after UPS fell on Wednesday. That analysis had a bearish look on the stock, saying "Should the shares continue to fall, we are monitoring the next support pivots of $71.20 and $70.13. Also, the shares are currently trading below the 50-day moving average of $73.24 and should find support at the 200-day moving average of $68.31."
Meanwhile, United Parcel Service is getting additional coverage from MSNBC, which could explain further interest in the stock. With a :"guest post" from Motley Fool, the site covers the stock in terms of its use as a retirement stock. United Parcel Service has a current annual dividend yield of 2.90 percent, for one.
The story notes that most retirees should have the following bullet points in mind with regards to a retirement stock:
- Size of company
- Consistency of revenue and other financial numbers
- Stock price stability.
The story gives UPS a 6/10 score, which is not great, but not bad. That said, UPS stock price opened up slightly higher on Thursday, at $71.84, +0.22 (0.31 percent).
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