Don't Ignore This Chart!

UPS Delivers Better Relative Performance


Over the past year, United Parcel Service (UPS) has gained 13.77% while FedEx Corporation (FDX) has lost 9.80%.  Relative strength between these two air delivery and freight services companies has gone back and forth over the last decade, but currently UPS has the upper hand and is the company to own....until the relative chart tells us otherwise.  Here's the current relative picture:

The green shaded areas represent relative strength in UPS shares while the red shaded areas represent relative strength in FDX.  Over the past decade, UPS has enjoyed longer periods of relative strength while FDX relative strength has typically been fast and furious.  Currently, UPS shows relative strength and I'd look for that to continue so long as the recent relative low at .625 holds.

Happy trading!


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Tom Bowley
About the author: co-founded Invested Central in 2004 and served as the site's Chief Market Strategist for more than 10 years. Invested Central provides stock market education and guidance for those interested in making their own financial decisions. During his tenure at Invested Central, Tom co-hosted Market Open LIVE, a national radio broadcast that covered many of the largest markets across the U.S. In addition, he has spoken at various conferences throughout the United States and Canada and has taught thousands of traders across the globe how to trade equities more wisely with an emphasis on managing risk and intermarket relationships. Learn More
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