FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $149.00 short put and a strike $144.00 long put offers a potential 14.42% 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 $149.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $144.00 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 39.29 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
FedEx Corporation: Too Much Debt For Comfort
Tue, 05 Jul 2016 22:35:00 GMT
FedEx Freight Greatly Simplifies Shipping with the New FedEx Freight® Box
Tue, 05 Jul 2016 21:26:00 GMT
Business Wire – FedEx Freight announces the launch of the FedEx Freight® box in the U.S. This new flat-rate1 freight box option makes transporting less-than-truckload shipments simple, with improved flexibility, increased security, and best of all — no freight classification.
What FedEx Corp.'s Fourth-Quarter Results Mean for United Parcel Service Inc. Investors
Tue, 05 Jul 2016 19:16:00 GMT
Air cargo firms feel the pressure from plunge in freight prices
Tue, 05 Jul 2016 15:13:23 GMT
Reuters – UK Focus – Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industry executives and analysts say. Global trade volumes fell for the first time since 2009 by 1.7 percent between the final quarter of 2015 and the first quarter of 2016 and the International Air Transport Association has lowered its growth forecast for air freight demand in 2016 to 2.1 percent from 3 percent. “It's a landslide,” Lufthansa Cargo CEO Peter Gerber said on Tuesday.
Idaho Cargo Airline, a FedEx Contractor, Can't Find Enough Pilots to Grow
Tue, 05 Jul 2016 10:45:00 GMT
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