FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 10.5% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $9.05 would be incurred if the stock dropped below the $115.00 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 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
FedEx Forecasts Early Peak in Holiday Shipping
Thu, 24 Oct 2013 10:50:20 GMT
24/7 Wall St. – FedEx Corp. (NYSE: FDX) expects December 2 to be its peak shipping day this holiday season. Most analysts believe this means e-commerce will rob bricks-and-mortar companies of sales. The activity of the …
[$$] FedEx Sees Dec. 2 as Big Shipping Day
Thu, 24 Oct 2013 04:45:14 GMT
The Wall Street Journal – FedEx expects to ship a record 22 million packages on Dec. 2, this year's Cyber Monday, an indication that many shoppers will be clicking “add to cart” instead of heading to malls in the days …
4 Consumer Stock Stories for a Positive Investment Shopping Experience
Wed, 23 Oct 2013 22:13:05 GMT
Wall St. Cheat Sheet – Your Cheat Sheet to the top consumer business news: 4 Consumer Stock Stories for a Positive Investment Shopping Experience
Robot city: how the machines are driving Pittsburgh's future
Wed, 23 Oct 2013 21:50:40 GMT
The Verge – After more than a century, steel production in Pittsburgh is all but over, leaving in its wake industries based on higher education, health care, academic research, and robots. Lots of robots. And when it comes to robots, the goal is more focused on building a framework for the future than an infrastructure from the past. And for that reason, the city has become a place where far-flung ambitions are supported and encouraged, even if the end goal is a long way off. Sometimes it’s as “far off” as the moon.
Gearing Up for Cyber Monday at FedEx
Wed, 23 Oct 2013 18:31:43 GMT
24/7 Wall St. – Package delivery service FedEx Corp. (NYSE: FDX) said on Wednesday that it expects a 13% increase in global shipments during its busiest week of the year. That would be from the Sunday after Thanksgiving …
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