FEDEX CORP (FDX)

US31428X1063 - Common Stock

295.16  +7.13 (+2.48%)

After market: 295.16 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, FDX scores 7 out of 10 in our technical rating. In the last year, FDX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

Both the short term and long term trends are positive. This is a very positive sign.
FDX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FDX is lagging the market slightly.
In the last month FDX has a been trading in the 269.51 - 297.58 range, which is quite wide. It is currently trading near the high of this range.
FDX has an average volume of 1913150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, FDX outperforms 52% of them, which is more or less in line with the market.
FDX is an average performer in the Air Freight & Logistics industry, it outperforms 63% of 20 stocks in the same industry.
Weekly and Daily overview Charts
FDX Weekly chart
FDX Daily chart
Setup Rating and Analysis

6

Although FDX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

252.08

309.38

We found 3 important support areas.

  • A support zone ranging from 291.34 to 294.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 268.05 to 283.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 254.63 to 262.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 299.84 to 306.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.54
Mansfield-0.23
10 Day High297.58
10 Day Low282.86
20 Day High297.58
20 Day Low269.52
52 Week High313.84
52 Week Low234.45
Performance
1 Week0.98%
2 Weeks4.22%
1 Month8.17%
3 Month-0.68%
6 Month19.21%
12 Month14.58%
2 Year61.98%
3 Year28.12%
5 Year84.42%
10 Year65.65%
15 Year249.51%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.96
RSI(14)65.16
LBB272.91
UBB301.85
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
306.33291.3315.00 (4.90%)20.42%
An entry @306.33. This is a Buy Stop order right above the resistance zone.An exit @291.33. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 15.00 points, which is 4.90%.When investing 20.42% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FDX Daily chart

FEDEX CORP

NYSE:FDX (11/21/2024, 5:13:18 PM)

After market: 295.16 0 (0%)

295.16

+7.13 (+2.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg2.48%
1 Week0.98%
2 Weeks4.22%
1 Month8.17%
3 Month-0.68%
6 Month19.21%
12 Month14.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.06
ATR(20)%1.85%
ATR Inc
Range Today7.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High297.58
10 Day Low282.86
20 Day High297.58
20 Day Low269.52
52 Week High313.84
52 Week Low234.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.60M
Volume Incr9.86%
Vol(5)1.48M
Vol(50)1.91M