FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $132.00 short put and a strike $127.00 long put offers a potential 21.07% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $132.00 by expiration. The full premium credit of $0.87 would be kept by the premium seller. The risk of $4.13 would be incurred if the stock dropped below the $127.00 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 46.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
FedEx Expands SenseAware
Thu, 13 Feb 2014 21:50:06 GMT
Major storm may be a Valentine's Day buzzkill
Thu, 13 Feb 2014 12:36:49 GMT
Riding momentum isn't a sin
Thu, 13 Feb 2014 00:16:00 GMT
10:02 am FedEx expands SenseAware availability in Europe
Tue, 11 Feb 2014 23:58:27 GMT
FedEx Expands SenseAware Availability in Europe
Tue, 11 Feb 2014 15:00:00 GMT
Business Wire – FedEx Corp. today announced an international expansion for its award-winning SenseAware® service, which enables near real-time visibility into sensitive and high-value shipments.
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