FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 11.77% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $1.58 would be kept by the premium seller. The risk of $13.42 would be incurred if the stock dropped below the $195.00 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 47.81 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
Inside the Biden administration's plan to ease U.S. port congestion
Thu, 14 Oct 2021 21:36:23 +0000
Mike Pyle, Chief Economic Advisor to Vice President Kamala Harris, discusses how the White House will keep corporations on board in alleviating congestion in the supply chain.
This analyst says UPS is a buy ahead of the holiday season
Thu, 14 Oct 2021 16:53:11 +0000
Stifel has upgraded UPS ahead of peak shipping season. Stifel Transportation & Logistics Analyst Bruce Chan joins Yahoo Finance Live to discuss.
Is FedEx (FDX) A Great Investment Pick?
Thu, 14 Oct 2021 15:34:49 +0000
East 72, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly portfolio gross return of 2.1% was recorded by the fund for the third quarter of 2021 and a +36.7% gross return over the fiscal year. You can take a look at the […]
UPS stock jumps after Stifel analyst said it has gotten cheap enough to buy again
Thu, 14 Oct 2021 15:34:00 +0000
Shares of United Parcel Service Inc. delivered healthy gains Thursday, after Stifel Nicolaus analyst Bruce Chan said their recent selloff, despite continued strong fundamentals and e-commerce growth, has presented investors with a “good opportunity” to buy.
Alba Vivar Talks About Her Heritage and Giving Back to the Community
Thu, 14 Oct 2021 14:46:07 +0000
In celebration of National Hispanic Heritage Month, FedEx Ground team member Alba Vivar shares her story about her family, career, and why giving back to her community is important.
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