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Actionable news in UPS: UNITED PARCEL SERVICE Inc CLASS B,

UPS Stock: Rally Up Ahead

NEW YORK (TheStreet) -- United Parcel Service (UPS - Get Report) had a downside break in January, but it has spent the rest of the year in repair mode and looks like it can deliver better returns ahead.

In the UPS chart above, we can see the sideways price action since January. Prices have moved back and forth around the 50- and 200-day moving averages. Note that the slope of the 50-day moving average has turned up in the chart above. Another positive is the rising On-Balance-Volume (OBV) line.

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The long-term chart of UPS, above, is impressive. Prices have been trending higher since early 2009 and the OBV line has been confirming the entire rally. Prices are above the 40-week (200-day) moving average and the whole picture suggests higher prices ahead for this member of the Dow Transportation Average.

Separately, TheStreet Ratings team rates UNITED PARCEL SERVICE INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about...


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