FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $282.50 short put and a strike $277.50 long put offers a potential 58.73% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $282.50 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock dropped below the $277.50 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 72.29 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
These Covid-19 Vaccine Plays Are Flying Under The Radar
Mon, 30 Nov 2020 21:09:05 +0000
American Airlines on Monday said it has begun trial cargo flights to prepare for distributing a coronavirus vaccine once it is approved.
FedEx Freight and the Christmas SPIRIT Foundation Delivering Joy to Military Families this Holiday Season
Mon, 30 Nov 2020 21:00:00 +0000
FedEx Freight will deliver joy to military families through the Trees for Troops program, a joint effort led by the Christmas SPIRIT Foundation.
How to Ride FedEx and UPS Stocks on Cyber Monday
Mon, 30 Nov 2020 20:07:00 +0000
Black Friday, the day after Thanksgiving when retailers supposedly became profitable, is fading as the most important annual event for retailers. Cyber Monday, the online equivalent, seems poised this year to become the critical event. Roxanne Meyer, an MKM Partners analyst, advised clients in a research note that this year’s Cyber Monday will set a new record if sales rise 15% to 35%, as expected by Adobe Analytics.
PPL Corporation — Moody's affirms Baa1/Baa3 ratings of Western Power Distribution; stable outlook
Mon, 30 Nov 2020 18:33:08 +0000
Moody's Investors Service, (Moody's) has today affirmed the Baa1/(P)Baa1 senior unsecured ratings of the four distribution network operators (DNOs) owned by the Western Power Distribution (WPD) group. Concurrently, Moody's has affirmed the Baa3 senior unsecured ratings of the intermediate holding company of these issuers — Western Power Distribution plc (WPD Plc).
Is FedEx (FDX) A Good Stock To Buy Now?
Mon, 30 Nov 2020 17:16:13 +0000
At Insider Monkey, we pore over the filings of nearly 817 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of September 30. In this […]
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