FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $149.00 short call and a strike $155.00 long call offers a potential 21.21% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $149.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $4.95 would be incurred if the stock rose above the $155.00 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 below 20 which suggests that the stock is in oversold 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
Air cargo carriers say China demand weak despite drastic freight capacity cuts on passenger planes
Wed, 05 Feb 2020 03:03:11 +0000
FRANKFURT/SEOUL Feb 5 (Reuters) – Major air cargo carriers said they have no immediate plans to add China flights to replace the capacity lost amid steep cuts to passenger travel due to the coronavirus, as many factories have remained shut down after the Lunar New Year. Aviation data firm OAG said there would be more than 25,000 fewer flights operated to, from and within China this week compared with two weeks ago, with 30 airlines halting services. About half of the air cargo carried globally is in the belly of passenger jets rather than in dedicated freighters, and the flight cuts have made the Chinese market more dependent on freight haulers.
Trains and Trucks May Offer Shelter From Coronavirus Storm, According to Citigroup
Tue, 04 Feb 2020 19:50:00 +0000
Transport stocks have been riding the coronavirus headlines up and down. The sector may be tougher than investors think, according to the bank.
Seattle Startup Launches Partial Truckload Service
Tue, 04 Feb 2020 16:27:52 +0000
FreightWeb announced the launch of its partial truckload transportation service on Tuesday, backed by $3 million in seed funding from Madrona Venture Group and 8VC. The startup, headquartered in Seattle, is taking a multi-pronged approach to solving a perennial problem in the trucking industry: the fact that shippers are typically forced to pay for a whole truck, even when their freight may occupy only a fraction of the trailer. Full truckload freight service is optimized for 26- to 30-pallet loads that use all the space in a truck.
Verbification: A Testimony for a Moat
Sun, 02 Feb 2020 20:00:37 +0000
It is hard but rewarding for a brand to verb up Continue reading…
Wuhan coronavirus may hit North American airlines harder than SARS as global emergency grows
Fri, 31 Jan 2020 04:36:19 +0000
The SARS crisis cost Asia Pacific and North American airlines billions in revenue in 2003. This time, it could be far worse.
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