FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $140.00 short put and a strike $135.00 long put offers a potential 16.82% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $135.00 long put 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for FedEx
DHL Beefs Up Africa Deliveries Amid Rain, Shine and Armed Conflict
Thu, 09 Jan 2014 20:30:00 GMT
TheStreet – DHL Express CEO Ian Clough and Sub-Saharan Africa Managing Director Charles Brewer say DHL is tackling the high logistics costs of doing business in Africa and they recognize steady growth hinges on how …
FEDEX CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Thu, 09 Jan 2014 17:12:47 GMT
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Thu, 09 Jan 2014 15:37:58 GMT
Motley Fool – A recent monster run-up in this hydrogen play may face headwinds as investors look to take some profits off the table.
Japan’s Yamato Small Package Volumes for December
Thu, 09 Jan 2014 06:52:42 GMT
Bloomberg – Following is a table showing Yamato Holdings Co. Ltd’s operating statistics for package volumes and letters.
The Biggest Challenge Facing Amazon
Thu, 09 Jan 2014 00:02:54 GMT
Motley Fool – After shipping delays over the holidays, Amazon faces its biggest challenge yet.
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