FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $165.00 short call and a strike $175.00 long call offers a potential 7.87% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $165.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $9.27 would be incurred if the stock rose above the $175.00 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 above 80 which suggests that the stock is in overbought 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
Today's Top Supply Chain and Logistics News From WSJ
Wed, 06 Apr 2016 10:20:11 GMT
Jim Cramer — Buy Constellation Brands, FedEx on a Pullback
Tue, 05 Apr 2016 18:48:00 GMT
Jim Cramer: Wait for FedEx (FDX) Stock to Come Down
Tue, 05 Apr 2016 16:29:00 GMT
Jim Cramer Is Bullish on Shares of FedEx
Tue, 05 Apr 2016 16:03:00 GMT
Jim Cramer Is a Fan of Constellation Brands and Their Tequila
Tue, 05 Apr 2016 15:58:00 GMT
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