FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $145.00 short call and a strike $150.00 long call offers a potential 30.89% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $145.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $3.82 would be incurred if the stock rose above the $150.00 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
FedEx Stock Is Trading at Multiyear Lows. One Director Scooped Up Shares.
Sun, 06 Oct 2019 11:00:00 +0000
R. Brad Martin paid $253,750 for shares of the logistics giant as the third quarter wound down. FedEx stock had slid to where it was in early 2016.
Federal Reserve Interest Rate Cuts Alone Can’t Prevent a Recession
Sat, 05 Oct 2019 01:21:00 +0000
Recession fears are up and investors are looking for a white knight. That usually means the Federal Reserve—but it’s going to need some help to keep the economy growing this time.
New Strong Sell Stocks for October 4th
Fri, 04 Oct 2019 14:53:02 +0000
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Air Cargo Stocks Fall on Fears of Economic Slowdown
Fri, 04 Oct 2019 14:39:10 +0000
Air cargo stocks have been bleeding on concerns of a global economic slowdown. Several factors have impacted the air cargo industry directly.
The Independent Director of FedEx Corporation (NYSE:FDX), R. Martin, Just Bought 3.5% More Shares
Fri, 04 Oct 2019 11:47:47 +0000
Potential FedEx Corporation (NYSE:FDX) shareholders may wish to note that the Independent Director, R. Martin…
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