FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $260.00 short put and a strike $240.00 long put offers a potential 26.9% 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 $260.00 by expiration. The full premium credit of $4.24 would be kept by the premium seller. The risk of $15.76 would be incurred if the stock dropped below the $240.00 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 at 56.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
Is UPS Stock A Buy Amid Coronavirus E-Commerce Boom?
Sat, 21 Nov 2020 12:51:13 +0000
United Parcel Service is the world’s biggest express carrier and package delivery company. Is UPS stock a buy as the coronavirus e-commerce boom fuels growth?
Holiday spending may fall off a cliff: Goldman Sachs
Fri, 20 Nov 2020 18:23:38 +0000
Goldman Sachs is out with a worrying look at holiday season spending.
COVID-19 Vaccine Rollout Challenges Put These Stocks in Focus
Fri, 20 Nov 2020 14:16:02 +0000
With COVID-19 vaccine on the horizon, cold-chain storage stocks including TT, CARR and TMO; vial makers like GLW and WST; and logistic operators including UPS and FDX are set to hog the limelight.
FedEx Corp. Board Declares Quarterly Dividend
Fri, 20 Nov 2020 14:00:00 +0000
The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $0.65 per share on FedEx Corp. common stock. The dividend is payable December 28, 2020 to stockholders of record at the close of business on December 14, 2020.
Gol Linhas (GOL) October Gross Sales Rise 3% From September
Fri, 20 Nov 2020 13:40:01 +0000
Expecting an increase in air travel demand, Gol Linhas (GOL) expands its November capacity to approximately 372 flights per day.
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