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 31.58% 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 $222.50 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $217.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for FedEx is bullish and the probability of a rise 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 68.16 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
Turning Compassion Into Action When Help Can't Wait
Fri, 25 Mar 2022 15:51:07 +0000
By the American Red Cross
Solid Liquidity Boosts FedEx (FDX) Amid Rising Expenses
Fri, 25 Mar 2022 14:58:02 +0000
FedEx (FDX) banks on strong liquidity and shareholder-friendly measures. However, escalating capital expenditures are a concern.
Apple, Bed Bath & Beyond, Tilray Rise Premarket; Honest Company Slumps
Fri, 25 Mar 2022 08:10:50 +0000
By Peter Nurse
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…
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