FedEx's most recent trend suggests a bearish bias. One trading opportunity on FedEx is a Bear Call Spread using a strike $190.00 short call and a strike $200.00 long call offers a potential 17.23% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $190.00 by expiration. The full premium credit of $1.47 would be kept by the premium seller. The risk of $8.53 would be incurred if the stock rose above the $200.00 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 27.64 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
FedEx (FDX) Down 6.3% Since Earnings Report: Can It Rebound?
Fri, 21 Apr 2017 06:38:06 +0000
FedEx (FDX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
UTHSC hosts Chinese delegation to talk biotech business collaborations
Thu, 20 Apr 2017 20:10:08 +0000
A Memphis university just hosted a delegation of international scientists to talk research, education, and business collaboration. University of Tennessee Health Science Center (UHSC) hosted a delegation of Chinese scientists through Wednesday, April 19, as part of an ongoing conversation to bring research initiatives, biotechnologies — including the opportunity for 3D bioprinting of blood vessels — and a student and postdoctoral fellow exchange program to Memphis.
FedEx sponsoring STEM summer program — aboard an aircraft carrier
Thu, 20 Apr 2017 14:12:40 +0000
Shelby County students can hop aboard the aircraft carrier Ambition for a free, weeklong summer program at the National Flight Academy, thanks to sponsorships by various organizations, including Memphis' largest public company. The Organization of Black Aerospace Professionals (OBAP), FedEx Express, the Memphis Blackhawks, Tuskegee Airmen Memphis, and Woman In Aviation are sponsoring up to 100 Shelby County students for a program June 4-10 in Pensacola, Florida.
Asian shares gain on oil price rebound, strong Japan exports
Thu, 20 Apr 2017 03:49:00 +0000
Shares were mostly higher in Asia on Thursday after crude oil prices rebounded from an overnight sell-off and Japan reported stronger-than-expected exports in March. Easing tensions over North Korea helped …
Here's How Much Wal-Mart Will Pay You To Pick Up Your Online Orders
Wed, 19 Apr 2017 20:45:38 +0000
Wal-Mart has begun offering discounts to online shoppers who pick up their orders. But the price cuts vary, and often are relatively small.
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