FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $160.00 short call and a strike $165.00 long call offers a potential 96.08% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $2.45 would be kept by the premium seller. The risk of $2.55 would be incurred if the stock rose above the $165.00 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 at 24.85 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
Before Apple Warned On China, These 5 Stocks Raised Red Flags
Thu, 03 Jan 2019 21:05:12 +0000
Apple is the most high profile victim, but Starbucks, FedEx and Ford have also been hit by the slowing Chinese economy.
Done Deal: FedEx makes $50M purchase near airport
Thu, 03 Jan 2019 20:25:53 +0000
FedEx just made a significant purchase near Memphis International Airport. A Dec. 26 Shelby County deed, valued at $50.8 million, shows FedEx Express Corp. — a subsidiary of FedEx Corp. — bought the building complex it occupies at 4001 Airways Blvd. The logistics and delivery provider purchased the property from Lexington Memphis (JVF) LLC, according to the deed. Lexington Memphis’ address was the same as Lexington Realty Trust out of New York, which owns properties across the U.S. When asked about the deed, a FedEx spokesperson said in a statement that the deed “refers to a purchase of buildings at our Corporate Administrative Complex off of Airways Boulevard that we had been leasing.” According to the Shelby County Assessor of Property website, the complex measures in at nearly 562,000 square feet and sits on a 5.6-acre lot.
UPS Stock Lost 18% in 2018: Can it Recover in the New Year?
Thu, 03 Jan 2019 15:20:03 +0000
While high costs and trade-related disputes are major negatives for UPS, robust e-commerce growth is a positive for the stock.
Alphabet, Sony, FedEx and Qualcomm highlighted as Zacks Bull and Bear of the Day
Thu, 03 Jan 2019 15:04:03 +0000
Alphabet, Sony, FedEx and Qualcomm highlighted as Zacks Bull and Bear of the Day
Zacks Earnings Trends Highlights: FedEx, Caterpillar, Honeywell and 3M
Thu, 03 Jan 2019 14:58:02 +0000
Zacks Earnings Trends Highlights: FedEx, Caterpillar, Honeywell and 3M
Related Posts
Also on Market Tamer…
Follow Us on Facebook