Investor Arena: Tracking Shares of United Parcel Service (UPS) as CCI Rolls to Hold

Avid investors may be following technical signals on shares of United Parcel Service (UPS). After a recent check, we have noted that the 60-day commodity channel index reading is Hold. The CCI indicator is generally used to identify overbought and oversold levels. The CCI signal direction is currently pointing to a Bullish. Changing the time-frame to the medium-term, we note that the reading from the 40-day commodity channel index is presently Buy. The signal direction is Strongest.

When examining stocks, investors might be doing top down research. Top down analysis begins with looking at certain macro-economic factors. This may involve focusing in on the bigger picture and going all the way down to specific stocks. Starting at the top, investors may check on the global economic environment, overall market trends, and sector trends. Investors may choose to start doing research the other way around. This may involve first looking at the fundamentals for particular stocks in order to gauge the strength from a company standpoint. Many investors will scope out all the different investing aspects as to not leave any information uncovered.

Tracking some alternate information, we have noted that the company’s current book value is 3.64. The book value is the per share value of a company based on its equity available to common shareholders for the trailing 12 months. Shifting gears, the company has a current interest coverage value of 16.78. This value measures a company’s ability to honor its debt payments. When the value is below 1, the company may not be generating enough cash from its operations to meet its interest obligations. Tracking current trading session activity on shares of (company), we can see that the stock price recently hit 107.66. Since the start of the session, the stock has managed to touch a high of 107.71 and drop to a low of 106.04.

Investors are often closely following recent stock price support and resistance levels. The support is a level where a stock may see a bounce after it has dropped. If the stock price can break through the first support level, the attention may move to the second level of support. The resistance is the opposite of support. As a stock rises, it may see a retreat once it hits a certain level of resistance. After a recent look, the stock’s first resistance level is 108.23. On the other side, investors are watching the first support level of 106.56. Investors may also want to take a longer-term look at company shares. According to the most recent information, the stock has a 52-week high of 125.09 and a 52-week low of 89.89. Staying on top of longer-term price action may help provide investors with a wider scope of reference when examining a stock.

Investors may be trying to figure out what stocks will give a boost to portfolio performance over the next few months. Value investors may be looking for current value in the market. They are generally looking for bargains and interested in uncovering those stocks that may be primed for a run but have fallen out of favor with Wall Street. Growth investors may be looking to target companies that are able to advance earnings faster than average. This may include searching for those industries that have strong growth trends and a proven track record of strong sales and earnings growth. 

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