FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $155.00 short put and a strike $150.00 long put offers a potential 10.62% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock dropped below the $150.00 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 down which suggests that the medium-term momentum for FedEx is bearish.
The RSI indicator is at 37.88 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
“Twin 33” Coalition Adds Safety Mandate To Lobbying Effort
Tue, 11 Jun 2019 22:01:40 +0000
Proponents of a long-standing effort to raise the national standard for twin trailers from 28 feet to 33 feet have added an incentive they will use to try and get some of their staunchest opponents on …
FedEx Stock Is a Buy, After It Drew ‘a Line in the Sand’ With Amazon
Tue, 11 Jun 2019 15:44:00 +0000
While investors may or may not get the forecast they are hoping for in the company’s coming earnings report, there are still reasons to own the shares—including the recent break with Amazon.com—Credit Suisse says.
Is FedEx Corporation (FDX) A Good Stock To Buy?
Tue, 11 Jun 2019 14:42:36 +0000
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged during the first quarter. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 40% and 25% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted […]
FedEx to Snap Ties With Amazon for Express Delivery Service
Tue, 11 Jun 2019 12:17:12 +0000
FedEx (FDX) decides to dissolve its express delivery contract with Amazon in order to concentrate on the broader e-commerce market.
FedEx opt out of Express contract with Amazon may be good thing, analysts say
Tue, 11 Jun 2019 11:44:00 +0000
FedEx announced plans not to renew it U.S. Express service contract with Amazon, which gets support from analysts.
Related Posts
Also on Market Tamer…
Follow Us on Facebook