FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 7% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $5.14 would be incurred if the stock dropped below the $147.00 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 70.99 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
Can Earnings Reports Push Bank Stocks Even Higher?
Fri, 10 Jan 2020 22:00:10 +0000
Can Earnings Reports Push Bank Stocks Even Higher?
Harold Burson, PR legend, dies at 98
Fri, 10 Jan 2020 19:48:44 +0000
Harold Burson always wanted to finish things where they began. “There’s the feeling one never loses, that this is where it all started,” he told MBJ in October. To read MBJ's recent cover story on Burson's life and career, click here.
Business leaders make economic impact case to increase MATA funding
Fri, 10 Jan 2020 19:10:55 +0000
Shelby County Mayor Lee Harris’ proposed sustainability fee might still have a long road ahead, but some of the area’s largest companies are onboard.
CBP Taps Nine Firms For E-Commerce Data Pilot
Thu, 09 Jan 2020 18:34:23 +0000
U.S. Customs and Border Protection (CBP) has named nine entities to initiate industry participation in the agency's voluntary e-commerce data pilot. The agency said the first e-commerce supply chain firms to participate in the pilot are Amazon.com, Inc. (NASDAQ: AMZN), eBay Inc (NASDAQ: EBAY), Zulily (NASDAQ: ZU), FedEx Corporation (NYSE: FDX), DHL (OTCMKTS: DPSGY) and UPS Inc (NYSE: UPS), while technology firm PreClear and logistics services providers XB Fulfillment and BoxC Logistics are also on board. CBP first announced the Section 321 Data Pilot in July to determine the “feasibility” of obtaining certain data from e-commerce importers and service providers and how to more effectively use it to identify and target high-risk shipments, such as narcotics, health and safety violations and other criminal activity.
Is FedEx Stock A Buy Right Now? Here's What Earnings, Charts Show
Wed, 08 Jan 2020 21:00:45 +0000
Trade war and Amazon concerns have hit FedEx. Earnings are falling, but the delivery giant is investing in new technology. So is FDX stock a good buy?
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