FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 13.64% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $155.00 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 above 80 which suggests that the stock is in overbought territory.
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
FedEx Freight drivers in Charlotte move to drop Teamsters as union rep
Mon, 04 Apr 2016 18:50:10 GMT
Explaining the Logistics Behind FedEx Corporation's 19% Surge in March
Mon, 04 Apr 2016 18:40:00 GMT
Markit Sees Q2 Dividend Increases from Apple, FedEx, Marriott
Mon, 04 Apr 2016 16:38:00 GMT
4 trades for FedEx to take off or crash land
Mon, 04 Apr 2016 11:40:17 GMT
FedEx Said to Offer Debut Bonds in Euros as Borrowing Costs Drop
Mon, 04 Apr 2016 09:38:35 GMT
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