Today's Technical View on United Parcel Service, CH Robinson, Expeditors Intl. of Washington, and FedEx

Mon Mar 18, 2013 12:18pm EDT

* Reuters is not responsible for the content in this press release.

For best results when printing this announcement, please click on the link

LONDON,  March 18, 2013  /PRNewswire/ --

The Dow Jones ended Friday's session at 14,514.11, down 0.17 percent while
NASDAQ was down 0.30 percent to close at 3,249.07. Similarly, S&P also ended at
a negative note at 1,560.70, up 0.16 percent. Despite the pullback, the indices
are still at an all time high and the markets are likely to remain bullish. In
the coming week, the market movement is expected to depend on the Fed's decision
to continue the stimulus efforts. Our research team took a look at Services
sector, more specifically the Air Delivery & Freight Services industry which
include major companies like United Parcel Service Inc. (NYSE: UPS), C.H.
Robinson Worldwide Inc. (NASDAQ: CHRW), Expeditors International of  Washington 
(NASDAQ:EXPD) and FedEx Corporation (NYSE: FDX). StockCall initiated free
in-depth technical analysis on UPS, CHRW, EXPD, and FDX which are currently
available upon sign up at

United Parcel Service Inc. is currently in a bullish mode despite the stock
ending its previous trading session at  $85.47, down 0.19 percent. The stock
traded in the range of  $84.98  and  $85.66  during Friday's session. Its first
support level is at  $84.79  and upon breaching this level the stock may go down
to  $83.13  level. On the upside, the company's stock may touch  $86.88  level.
The stock has traded in the range of  $69.56  and  $58.70  in the past 52 weeks
and it grew by 9 percent during the same time period. On a Year-to-Date basis,
the stock is up 17.36 percent. Sign up for the free technical analysis on UPS at   

C.H. Robinson Worldwide Inc. shares were bullish for Friday's trading session,
ending the day 0.24 percent higher at  $59.34. The stock fell to an intra-day
low of  $58.43, while its intra-day high stood at  $59.40. Despite the upward
move,  C.H. Robinson  has declined more than 4 percent this year, compared to a
gain of 11.84 percent for the S&P 500. The company shares have strong support at
around  $58.28. The stock is trading above than its 20-day SMA of  $57.59, thus
confirming a bullish trend. Download the free report on CHRW by registering at   

Expeditors International of  Washington  traded in the range of  $38.20  and 
$38.50  in Friday's session and ended the day at  $38.44, up 0.18 percent. The
stock's 52 weeks range stands at  $34.20  and  $47.48. The company has lost
16.09 percent of its value in the past 12 months, while it declined 1.51 percent
in 2013. The stock is in a neutral mode and may find its first support level at 
$37.98. It is trading below its 20-day moving average of  $39.41. The free
report on EXPD can be downloaded by signing up now at   

Shares of FedEx Corporation ended its previous session marginally higher at 
$109.07, up 0.21 percent. The stock gained more than 20 percent this year,
outperforming the broad market. The stock has slipped from  $109.12  resistance
level. It has support at around  $10.7.20  at the moment. With its upward move,
FedEx is trading above its 6-day and 20-day moving averages, showing a bullish
trend. The stock oscillated in the range of  $83.80  and  $109.66  in the past
52 weeks. It gained 156.61 percent during the same time period. Free report on
FDX can be accessed by registering at   

About is a financial website where investors can have easy, precise and
comprehensive research and opinions on stocks making the headlines. Sign up
today to talk to our financial analyst at   


Contact Person: William T. Knight, Email:, Contact Number:
+1(646)396-9857 (9:00 am EST - 01:30 pm EST)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.