FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $135.00 short call and a strike $145.00 long call offers a potential 17.92% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $135.00 by expiration. The full premium credit of $1.52 would be kept by the premium seller. The risk of $8.48 would be incurred if the stock rose above the $145.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for FedEx is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for FedEx is bearish.
The RSI indicator is at 50.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
FedEx in Focus as U.S. Agencies Join Probe of Fatal Crash
Sat, 12 Apr 2014 15:47:45 GMT
Ten people die after FedEx truck crashes into bus, USA Today says
Fri, 11 Apr 2014 14:29:23 GMT
NTSB to Investigate California Bus Crash That Killed 10
Fri, 11 Apr 2014 14:08:57 GMT
Ten dead in crash between truck and students bus in California -police
Fri, 11 Apr 2014 12:12:39 GMT
FedEx CEO: Airlines will track planes better
Thu, 10 Apr 2014 19:42:53 GMT
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