FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 11.98% 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 $150.00 by expiration. The full premium credit of $1.07 would be kept by the premium seller. The risk of $8.93 would be incurred if the stock dropped below the $140.00 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 64.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
Amazon Resumes Using FedEx Ground Network for Prime Shipments
Thu, 16 Jan 2020 22:16:10 +0000
Amazon (AMZN) is likely to gain momentum among third-party sellers, who were forced to shift to pricier delivery services during the peak holiday season, by removing ban on FedEx's ground network.
XPO Stock Flashes Buy Signal As Spinoff Mulled After Amazon Warning
Thu, 16 Jan 2020 21:01:36 +0000
XPO Logistics is mulling the sale or spinoff of one or more business units, nearly a year after warning on Amazon.com
Transportation Stocks Overdue for a Major Downturn
Thu, 16 Jan 2020 17:21:10 +0000
The transportation index fund hasn't gained ground in nine months despite a strong bounce into 2020.
Why Is FedEx (FDX) Up 8.4% Since Last Earnings Report?
Thu, 16 Jan 2020 16:30:04 +0000
FedEx (FDX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
FAA Loosens Restrictions On Flights Over Persian Gulf
Thu, 16 Jan 2020 14:03:58 +0000
The Federal Aviation Administration has loosened recently imposed restrictions on U.S. aircraft flying over the Persian Gulf and Gulf of Oman in order to allow flights into and out of certain airports in the region. The FAA's action came shortly after several U.S.-based cargo airlines requested exemptions from the restrictions, which were imposed Jan. 8 after Iran launched a missile attack on U.S. assets in Iraq in retaliation for the U.S. killing Iran's top military commander. Flights are still prohibited from entering the Tehran Flight Information Region, which covers the airspace over Iran and extends from southern Iran part way into the airspace over the Persian Gulf and the Gulf of Oman.
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