UPS, ($194.89) Earnings Forecast: Bullish Momentum Ahead of April 25 Announcement
United Parcel Service, Inc. (UPS), a leading package delivery company, is scheduled to release its earnings report on Tuesday, April 25, 2023. As investors anticipate the announcement, UPS has been on an upward trajectory for three consecutive days, indicating a bullish trend. This article will examine the stock's recent performance and discuss the likelihood of continued growth in the coming month.
Three-Day Uptrend: A Positive Signal for UPS
As of April 19, 2023, UPS has experienced a 1.42% uptrend, with its stock price moving higher for three straight days. This sustained growth is considered a bullish sign, suggesting that market participants are optimistic about the company's prospects. Investors should monitor UPS closely as this trend could be indicative of future growth.
Historical Performance: A Glimpse into UPS's Odds of Continued Growth
An analysis of UPS's historical data provides further insight into the stock's potential for continued growth. In instances where UPS experienced three consecutive days of growth, the stock price rose further in the following month in 195 out of 323 cases. This implies a 60% probability that UPS's upward trend will continue after the earnings release. As such, investors may want to keep a close eye on UPS's stock in the coming weeks.
Earnings Forecast: What to Expect on April 25
As UPS approaches its earnings announcement, investors will be keen to see how the company has performed in the previous quarter. While the stock's recent uptrend is a positive indicator, it is crucial to consider other factors such as revenue growth, profit margins, and market conditions. With a 60% probability of continued growth based on historical data, the upcoming earnings report could potentially solidify UPS's position as a strong investment opportunity.
As UPS prepares to release its earnings report on April 25, 2023, the stock has displayed a bullish momentum, with three consecutive days of growth. Historical data suggests a 60% chance that the stock's upward trend will persist in the following month. Investors should keep a close eye on UPS as it announces its earnings and continue monitoring the stock for further growth potential.
UPS in downward trend: price dove below 50-day moving average on April 25, 2023
UPS moved below its 50-day moving average on April 25, 2023 date and that indicates a change from an upward trend to a downward trend. In of 46 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day moving average for UPS crossed bearishly below the 50-day moving average on May 02, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UPS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for UPS entered a downward trend on May 25, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where UPS's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where UPS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 25, 2023. You may want to consider a long position or call options on UPS as a result. In of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for UPS just turned positive on May 19, 2023. Looking at past instances where UPS's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UPS advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
UPS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.278) is normal, around the industry mean (39.590). P/E Ratio (13.736) is within average values for comparable stocks, (29.203). Projected Growth (PEG Ratio) (2.399) is also within normal values, averaging (11.778). Dividend Yield (0.037) settles around the average of (0.045) among similar stocks. P/S Ratio (1.496) is also within normal values, averaging (1.201).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. UPS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of global package delivery and supply chain management solutions
Industry AirFreightCouriers
UPS and
Correlation & Price change
A.I.dvisor indicates that over the last year, UPS has been closely correlated with EXPD. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if UPS jumps, then EXPD could also see price increases.
| Ticker / NAME | Correlation To UPS | 1D Price Change % | ||
|---|---|---|---|---|
| UPS | 100% | -1.05% | ||
| EXPD - UPS | 73% Closely correlated | -0.35% | ||
| JBHT - UPS | 68% Closely correlated | +0.58% | ||
| CHRW - UPS | 66% Closely correlated | +0.01% | ||
| HUBG - UPS | 64% Loosely correlated | +0.86% | ||
| LSTR - UPS | 64% Loosely correlated | +1.35% | ||
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