FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 33.33% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $2.50 would be kept by the premium seller. The risk of $7.50 would be incurred if the stock dropped below the $140.00 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 at 68.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
Did Hedge Funds Make The Right Call On PPL Corporation (PPL)?
Sun, 12 Jul 2020 18:00:00 +0000
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
What Kind Of Shareholders Own PPL Corporation (NYSE:PPL)?
Sun, 12 Jul 2020 12:56:25 +0000
A look at the shareholders of PPL Corporation (NYSE:PPL) can tell us which group is most powerful. Large companies…
3 Top U.S. Stocks to Buy in July
Sat, 11 Jul 2020 12:18:00 +0000
FedEx (NYSE: FDX), Lululemon (NASDAQ: LULU), and Intel (NASDAQ: INTC) are all quietly making moves that set them up nicely for the future. Interestingly, FedEx and Lululemon have been able to adapt to COVID-19 realities and increase business, while Intel works behind the scenes to deliver advanced technology today. In 2019, FedEx cut ties with Amazon (NASDAQ: AMZN), causing many on Wall Street to shake their heads.
Amazon begins rolling out bigger UPS and FedEx-style delivery trucks
Sat, 11 Jul 2020 05:17:52 +0000
Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc and FedEx Corp, as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc. The world's largest online retailer ordered more than 2,200 heavy-duty Utilimaster “walk-in” delivery trucks from Shyft Group, a Michigan-based specialty vehicle company, an Amazon spokeswoman told Reuters. The company declined to say how many of the vehicles have been sent to Amazon delivery contractors, or where they would be deployed.
What FedEx's Earnings Results Mean for UPS Shareholders
Wed, 08 Jul 2020 11:30:00 +0000
It's almost impossible to look at a set of quarterly results from FedEx (NYSE: FDX) without considering what the read-across will be for United Parcel Service (NYSE: UPS). Given that the fiscal 2020 fourth-quarter results FedEx delivered on June 30 were warmly received by the market, it would seem appropriate to take a look at what UPS investors should be expecting when their company next reports on July 22. FedEx's earnings excited the market because the margin on the company's ground delivery business was a lot better than many had feared it would be.
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