FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 20.48% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $155.00 long put 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 up which suggests that the medium-term momentum for FedEx is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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
Why Amazon Isn't a Threat to FedEx Corporation or United Parcel Service, Inc.
Tue, 29 Mar 2016 19:00:00 GMT
FedEx Strengthens Healthcare Portfolio with Opening of Cold Chain Center Memphis
Tue, 29 Mar 2016 17:27:21 GMT
noodls – March 29, 2016 Richard Smith VP Global Trade Services In today's evolving healthcare industry, temperature matters. It's estimated that 25 percent of healthcare shipments are temperature sensitive, meaning …
FedEx Releases 2016 Global Citizenship Report
Tue, 29 Mar 2016 17:27:21 GMT
noodls – Vehicle Fuel Efficiency Goal Reached Five Years Early, More Than $1 Billion in Jet Fuel Saved March 29, 2016 MEMPHIS, Tenn., March 29, 2016 – FedEx Corp. (NYSE: FDX) announced today the online release …
2016 FedEx Global Citizenship Report: Deliver It Forward
Tue, 29 Mar 2016 15:44:10 GMT
noodls – Delivering is our business. Delivering positive impact is our responsibility. Empowering people to deliver it forward is our passion. March 29, 2016 Our eighth annual FedEx Global Citizenship Report has …
FedEx Releases 2016 Global Citizenship Report
Tue, 29 Mar 2016 14:00:00 GMT
Business Wire – FedEx Corp. announced today the online release of its 2016 Global Citizenship Report , which details the company’s commitment to connect the world in responsible and resourceful ways.
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