FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $197.50 short call and a strike $202.50 long call offers a potential 9.89% 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 $197.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $202.50 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 43.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
FedEx Releases 2017 Global Citizenship Report
Tue, 11 Apr 2017 14:30:00 +0000
FedEx Corp. announced today the online release of its 2017 Global Citizenship Report , which details how the company connects the world responsibly and resourcefully.
FedEx Wants Aviation-Style Regulations to Govern Autonomous Trucking
Tue, 11 Apr 2017 13:06:00 +0000
Chief executive of FedEx Freight Michael Ducker believes limitations impacting autonomous trucking are regulations, not technology barriers.
[$$] FedEx Freight calls for US self-driving truck laws
Tue, 11 Apr 2017 02:36:52 +0000
The head of FedEx Freight has called for aviation-style federal rules to govern autonomous trucking in the US, at a time when the regulatory future of self-driving trucks is still undecided. Michael Ducker, …
Bull Of The Day: Radiant Logistics (RLGT)
Mon, 10 Apr 2017 09:36:09 +0000
Bull Of The Day: Radiant Logistics (RLGT)
Amazon's Free Shipping Pushes Small Retailers to Compete
Sat, 08 Apr 2017 11:00:12 +0000
Shipping companies, ranging from startups to the biggest package handlers, are vying to help small retailers compete with Amazon’s rapid expansion of free shipping.
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