FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $147.00 short put and a strike $140.00 long put offers a potential 23.24% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $147.00 by expiration. The full premium credit of $1.32 would be kept by the premium seller. The risk of $5.68 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 27.65 level which suggests that the stock is neither overbought nor oversold at this time.
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 Implement Coronavirus Protections
Thu, 06 Feb 2020 22:17:05 +0000
The ability to move goods in and out of China by air could hinge on the willingness of freighter aircraft pilots to fly into key industrial cities where the coronavirus is prevalent. All-cargo carriers are filling some of the lost capacity associated with the pull down of most international passenger flights to China, and are taking protective measures to alleviate concerns of jittery crews. On Wednesday, the union representing UPS Inc (NYSE: UPS) pilots said it had reached an agreement with the company giving members the ability to voluntarily decide whether to accept flights in and out of China.
One-on-one with Ramona Hood, first African-American woman to run a FedEx operating co.
Thu, 06 Feb 2020 19:13:55 +0000
Ramona Hood’s appointment to president and CEO of FedEx Custom Critical not only marked a career milestone, it’s a historic moment for the logistics giant.
UPS And Amazon: Made For Each Other?
Thu, 06 Feb 2020 14:49:33 +0000
Like most mega-companies, UPS Inc. (NYSE: UPS) is loath to publicly discuss customers or its relationships with them. UPS said parcels tendered by Amazon.com Inc. (NASDAQ: AMZN) accounted for 11.6% of its 2019 revenue, which works out to about $8.6 billion from a base of $74 billion. UPS lauded Amazon for tendering the type of parcels needed to boost U.S. next-day air volumes, which grew by 26% in the holiday-fueled fourth quarter and have grown by more than 20% in each of the past three quarters.
Why FedEx Could Have a Bright Future
Wed, 05 Feb 2020 17:46:58 +0000
The company’s strategy may catalyze its stock price Continue reading…
UPS-owned tech company names former eBay executive as CEO
Wed, 05 Feb 2020 13:31:29 +0000
Ware2Go focuses on matching warehouse space with small- to mid-sized retailers focused on rapid delivery.
Related Posts
Also on Market Tamer…
Follow Us on Facebook