FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $217.50 short call and a strike $222.50 long call offers a potential 81.82% 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 $217.50 by expiration. The full premium credit of $2.25 would be kept by the premium seller. The risk of $2.75 would be incurred if the stock rose above the $222.50 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 at 32.05 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
Why Hasn't FedEx (FDX) Climbed Alongside United Parcel Service (UPS)?
Fri, 04 Mar 2022 23:52:11 +0000
Over the last year, these two shipping giants have posted diverging price action.
FedEx Halts Service in Russia, UPS Continues Local Delivery
Fri, 04 Mar 2022 17:10:41 +0000
(Bloomberg) — FedEx Corp. has suspended all services in Russia and Belarus as fighting intensifies following the invasion of Ukraine, even as rival United Parcel Service Inc. continues Russian domestic deliveries. Most Read from BloombergUkraine Update: UN Security Council to Meet, Warren Blasts BanksRussian Forces Occupy Site of Nuclear Plant as Fire ContainedUkraine Update: Russian Troops Occupy Nuclear Plant SiteWhite House Weighs Ban on Russian Oil Imports as Congress FumesPutin’s Financial
FedEx (FDX) Gains As Market Dips: What You Should Know
Thu, 03 Mar 2022 22:45:10 +0000
FedEx (FDX) closed at $221.31 in the latest trading session, marking a +0.94% move from the prior day.
Why the stock market refuses to plunge on Russia-Ukraine crisis
Wed, 02 Mar 2022 19:48:43 +0000
Believe it or not, markets remain focused on another key issue besides the war between Russia and Ukraine.
FedEx Logistics Announces $100,000 Scholarship Endowment to Mississippi Valley State University
Wed, 02 Mar 2022 16:21:09 +0000
Deepens existing relationship with MVSU to advance inclusion and empower economic opportunity
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