FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 5.71% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $9.46 would be incurred if the stock dropped below the $120.00 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 62.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
FedEx Q3 estimate lowered below consensus at Citigroup
Fri, 07 Mar 2014 12:34:15 GMT
In China, FedEx and UPS Wait for Regulators to Renew Permits
Fri, 07 Mar 2014 04:30:09 GMT
Atlanta International Airport January Cargo Volumes
Thu, 06 Mar 2014 07:41:20 GMT
Japan’s Yamato Small Package Volumes for February
Thu, 06 Mar 2014 06:15:37 GMT
Investor Alert: Pittsburgh Law Office of Alfred G. Yates, Jr., P.C. Announces Investigations into Carnival Corporation (NYSE: CCL), Emeritus Corp. (ESC), FedEx Corporation (FDX), Forest Laboratories (FRX), Immunomedics (IMMU), JPMorgan Chas
Wed, 05 Mar 2014 17:21:00 GMT
PR Newswire – PITTSBURGH, March 5, 2014 /PRNewswire/ — Law Office of Alfred G. Yates Jr., P.C. is investigating whether Carnival Corporation (“Carnival” or the “Company”) (NYSE: CCL) investors between …
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