(UPS) Technical Pivots with Risk Controls

November 20, 2024, 03:20 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for UPS

• Buy UPS near 126.91 target 134.96 stop loss @ 126.54 Details

The technical summary data tells us to buy UPS near 126.91 with an upside target of 134.96. This data also tells us to set a stop loss @ 126.54 to protect against excessive loss in case the stock begins to move against the trade. 126.91 is the first level of support below 133.2 , and by rule, any test of support is a buy signal. In this case, support 126.91 is being tested, a buy signal would exist.

• Short UPS slightly under 134.96, target 126.91, stop loss @ 135.35 Details

The technical summary data is suggesting a short of UPS as it gets near 134.96 with a downside target of 126.91. We should have a stop loss in place at 135.35though. 134.96 is the first level of resistance above 133.2, and by rule, any test of resistance is a short signal. In this case, if resistance 134.96 is being tested, a short signal would exist.

Swing Trading Plans for UPS

• Buy UPS slightly over 134.18, target 134.96, Stop Loss @ 133.79 Details

If 134.18 begins to break higher, the technical summary data tells us to buy UPS just slightly over 134.18, with an upside target of 134.96. The data also tells us to set a stop loss @ 133.79 in case the stock turns against the trade. 134.18 is the first level of resistance above 133.2, and by rule, any break above resistance is a buy signal. In this case, 134.18, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short UPS slightly near 134.18, target 130.92, Stop Loss @ 134.57. Details

The technical summary data is suggesting a short of UPS if it tests 134.18 with a downside target of 130.92. We should have a stop loss in place at 134.57 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 134.18, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for UPS

• Buy UPS slightly over 133.51, target 134.18, Stop Loss @ 133.2 Details

If 133.51 begins to break higher, the technical summary data tells us to buy UPS just slightly over 133.51, with an upside target of 134.18. The data also tells us to set a stop loss @ 133.2 in case the stock turns against the trade. 133.51 is the first level of resistance above 133.2, and by rule, any break above resistance is a buy signal. In this case, 133.51, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short UPS slightly near 133.51, target 130.92, Stop Loss @ 133.82. Details

The technical summary data is suggesting a short of UPS if it tests 133.51 with a downside target of 130.92. We should have a stop loss in place at 133.82 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 133.51, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for United Parcel Service Inc. (UPS) available here: UPS.

UPS Ratings for November 20:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	119.03
P2	133.51	130.92	126.91
P3	135.42	134.18	134.96

AI Generated Signals for UPS

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The technical pivots for United Parcel Service Inc. (NYSE: UPS) help you determine how to trade, when to buy, when to sell, and how to control risk.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for UPS change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if UPS is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for UPS too.  All of these are offered below the Summary Table.