FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $222.50 short put and a strike $217.50 long put offers a potential 36.99% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $222.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $217.50 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 56.44 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
FedEx Providing Over $1.5 Million To Support Ukraine Relief Efforts
Thu, 24 Mar 2022 16:21:05 +0000
We are deeply disturbed by what's happening in Ukraine. As we continue to closely monitor the situation, FedEx Corp. is committing more than $1.5 million USD in relief aid to provide humanitarian a…
Delivering for Good: A Cleaner, Greener World
Wed, 23 Mar 2022 16:41:09 +0000
Trees play a vital role in our everyday lives. They improve the quality of the air we breathe and the water we drink. The Arbor Day Foundation works with communities, individuals and companies to p…
3 Industrial Stocks to Make Investors Happy in 2022
Wed, 23 Mar 2022 12:37:03 +0000
The U.S. stock market is jittery about the Federal Reserve’s hike in interest rate, the ongoing conflict between Russia and Ukraine, rising oil prices, and supply-chain restrictions. Amid these challenges, let's understand how can investors explore the Industrial Goods sector to find some of the best investment options. Industrial companies have rebounded well from the adverse impacts of the pandemic. Corporate revenues and margins have gained momentum, and companies are exhibiting strong growth
FedEx Roundup: Mr. Smith goes to Washington; $200M investment in Alaska
Wed, 23 Mar 2022 12:22:53 +0000
FedEx CEO Fred Smith was among a handful of CEOs that met with President Joe Biden and government officials at the White House this week.
FedEx Office Forms Alliance with Notarize to Bring Digital Notarization Services to Address the Business Demands of Today
Tue, 22 Mar 2022 13:03:00 +0000
PLANO, Texas & BOSTON, March 22, 2022–FedEx Office, a world-class provider of convenient, state-of-the-art printing, packing and shipping services and subsidiary of FedEx Corp. (NYSE: FDX), today announced an alliance with Notarize, a leading online notarization provider, to launch FedEx Office Online Notary. The new service will make convenient, fully-digital notarization services available to the millions of Americans who need personal or professional documents notarized annually.
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