FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $160.00 short call and a strike $170.00 long call offers a potential 23.76% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $1.92 would be kept by the premium seller. The risk of $8.08 would be incurred if the stock rose above the $170.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for FedEx is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for FedEx is bearish.
The RSI indicator is at 45.37 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for FedEx
Zacks Industry Rank Analysis Highlights: Fed Ex, Kansas City Southern, Kirby, Knight Transportation and SAIA
Wed, 15 Oct 2014 13:35:33 GMT
[$$] Philadelphia FedEx Freight Drivers Vote to Unionize
Wed, 15 Oct 2014 12:05:00 GMT
FedEx Freight Releases Latest Labor Board Election Results
Wed, 15 Oct 2014 03:24:24 GMT
noodls – October 14 2014 Following a rejection of Teamster representation in Cinnaminson, NJ, last week, a smaller group of city and road drivers at our service center in Croydon, PA, voted for union representation. …
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Tue, 14 Oct 2014 13:15:00 GMT
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Tue, 14 Oct 2014 13:15:00 GMT
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