Home US Stock Market Stock Price Forecast UPS stock price forecast – United Parcel Service, Inc – Updated March...

UPS stock price forecast – United Parcel Service, Inc – Updated March 9, 2023

795
0
UPS stock price forecast - United Parcel Service, Inc - goldenrulesinvesting.com
UPS stock price forecast – United Parcel Service, Inc – goldenrulesinvesting.com

UPS stock prices today are $186.5 per share. The long-term trend continues to be downtrend. The medium-term trend shown on the weekly charts is a retracement wave. The price has moved sideways from the $155 range and is currently at the present price. It is possible for the price to continue rising to the nearest resistance of $195 before briefly falling to the $160 region. The next target could be $125. The long-term trend has not been broken so we recommend not buying in this price range. Traders have the option to open a short or long position at the current rate, or wait until the price retests $195. Stop losing if the price closes below the upper trendline. Take profit at support levels between $160 & $125

As a stock-market expert, I am frequently consulted regarding different companies’ growth prospects and potential. Today, I want to share my insights on UPS stock.

UPS is a global logistics company that specializes in supply chain management and package delivery. Their distinctive brown trucks, uniforms and dedication to providing reliable, efficient service are what make them easily identifiable.

UPS stands out because of their global network distribution centers and transportation infrastructure. They have operations in more 220 countries. UPS can ship packages anywhere in the world thanks to their global network of distribution centers and transportation infrastructure. Customers have the choice of several delivery options, including overnight, same-day and international shipping. This allows them to be confident in choosing the right route for them.

UPS does more than deliver goods. They also offer supply chains solutions for businesses of any size. This includes inventory management and customs clearance. UPS can help companies improve their operations, which results in cost savings and greater profitability.

UPS is a leader in sustainability because of their dedication. UPS is committed to sustainability and has ambitious targets to reduce carbon emissions, increase the use alternative fuels in their fleet of vehicles. This includes a goal of 40% ground fuel from sustainable sources by 2025.

UPS holds a dominant position in the logistics sector and is well-positioned to continue its growth. They are attractive to both consumers and businesses due to their vast network, many services and commitment toward sustainability. While stock prices may fluctuate in the short term I believe that UPS’ longterm prospects are positive.

Previous articleJNJ stock price forecast – Johnson & Johnson – Updated March 9, 2023
Next articleFCUUF stock price forecast – Fission Uranium Corp – Updated March 10, 2023