FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $220.00 short call and a strike $240.00 long call offers a potential 12.04% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $220.00 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $17.85 would be incurred if the stock rose above the $240.00 long call 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 down which suggests that the medium-term momentum for FedEx is bearish.
The RSI indicator is at 32.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
Amazon Fuel-Inflation Fee Has Sellers Poised to Raise Prices
Wed, 13 Apr 2022 21:50:30 +0000
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Major leadership changes, Omicron, and missiles: These are FedEx's biggest highlights of the year so far
Wed, 13 Apr 2022 01:35:51 +0000
We're just three-and-a-half months into 2022; and already, FedEx's year has contained one of the most notable announcements in company history.
The USO's Brian A. Cowart – Serving Our Service Members
Tue, 12 Apr 2022 14:51:09 +0000
The U.S. military changed the whole trajectory of Brian Cowart’s family and career.
The one-year underlying earnings growth at FedEx (NYSE:FDX) is promising, but the shareholders are still in the red over that time
Tue, 12 Apr 2022 11:26:51 +0000
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Southeastern Asset Management founder Mason Hawkins on Fred Smith's career, legacy, and successor
Mon, 11 Apr 2022 17:43:47 +0000
Recently, amid the announcement that Smith would step away from the CEO role at FedEx, MBJ spoke with Hawkins, to discuss Southeastern’s investment in the company, Smith’s career and legacy, and FedEx’s changing of the guard.
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