FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $195.00 short put and a strike $185.00 long put offers a potential 16.28% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $195.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $8.60 would be incurred if the stock dropped below the $185.00 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 60.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
Is There An Opportunity With FedEx Corporation's (NYSE:FDX) 42% Undervaluation?
Tue, 17 May 2022 11:14:48 +0000
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of FedEx Corporation…
FedEx (FDX) Dips More Than Broader Markets: What You Should Know
Mon, 16 May 2022 21:45:09 +0000
FedEx (FDX) closed the most recent trading day at $209.72, moving -0.74% from the previous trading session.
FedEx, eBay expand partnership with e-commerce tech integration in Canada
Mon, 16 May 2022 19:30:53 +0000
FedEx and eBay have expanded a partnership in Canada, which will allow Canadian sellers to access FedEx shipping services through eBay Labels.
eBay and FedEx Extend Alliance in Canada with Shipping Labels Platform Integration
Mon, 16 May 2022 13:00:00 +0000
eBay, one of the world's largest online marketplaces, and FedEx, the world's largest express transportation company, today announced that Canadian sellers will be able to access FedEx shipping services directly through eBay Labels, a proprietary label printing solution. The integration of FedEx technology gives eBay sellers a seamless, on-platform experience to access FedEx domestic and international shipping tools and services – all at preferential rates.
Indicators Still Support a Rally
Mon, 16 May 2022 10:00:00 +0000
It wouldn't be surprising if the market gave some of it back early in the week, only to rally again later in the week.
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