Technical Analysis for FDX - FedEx Corporation

Grade Last Price % Change Price Change
A 267.99 1.75% 4.62
FDX closed up 0.11 percent on Thursday, April 18, 2024, on 54 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
NR7 Range Contraction 1.75%
Strong but Oversold Other 1.75%
Strong, Oversold and Reversal Signs Reversal 1.75%
Oversold Stochastic Weakness 1.75%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.87%
Strong but Oversold Other 1.87%
Down 3 Days in a Row Weakness 1.87%
Down 4 Days in a Row Weakness 1.87%
Oversold Stochastic Weakness 1.87%
New Downtrend Bearish 1.15%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance about 3 hours ago
Up 2% about 3 hours ago
Up 1 ATR about 3 hours ago
Rose Above Previous Day's High about 4 hours ago
Up 1% about 4 hours ago

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FedEx Corporation Description

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment offers various shipping services for the delivery of packages and freight. This segment also provides international trade services specializing in customs brokerage, and ocean and air freight forwarding services; customs clearance services, as well as global trade data, an information tool that allows customers to track and manage imports; and international trade advisory services, including assistance with the customs-trade partnership against terrorism program, as well as publishes customs duty and tax information in various customs areas. In addition, it offers supply chain solutions, including critical inventory logistics, transportation management, and temperature-controlled transportation services. The FedEx Ground segment provides business and residential ground package delivery services; and engages in the consolidation and delivery of high volumes of low-weight and less time-sensitive business-to-consumer packages. It primarily serves customers in the small-package market in North America. The FedEx Freight segment offers less-than-truckload freight services, as well as freight-shipping services. As of May 31, 2013, this segment operated approximately 59,000 vehicles and trailers from a network of 370 service centers. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, and other back-office support services; packing services, and packing supplies and boxes; and access to copying and digital printing through retail and Web-based platforms, signs and graphics, professional finishing, computer rentals, and a range of ground shipping and time-definite express shipping services. The company was founded in 1971 and is headquartered in Memphis, Tennessee.


Classification

Sector: Industrials
Industry: Integrated Shipping & Logistics
Keywords: S&P 500 Transport E-Commerce Freight Transport Cargo International Trade Supply Chain Solutions Transportation Management Freight Forwarder Less Than Truckload Shipping Customs Brokerage Express Mail Shipping Services Freight Services Package Delivery Digital Printing Freight Forwarding Services Air Freight Forwarding Services Fedex

Is FDX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 291.27
52 Week Low 209.5057
Average Volume 1,963,337
200-Day Moving Average 253.95
50-Day Moving Average 257.36
20-Day Moving Average 275.08
10-Day Moving Average 269.39
Average True Range 5.19
RSI (14) 45.05
ADX 25.54
+DI 22.73
-DI 26.65
Chandelier Exit (Long, 3 ATRs) 275.71
Chandelier Exit (Short, 3 ATRs) 268.07
Upper Bollinger Bands 291.80
Lower Bollinger Band 258.36
Percent B (%b) 0.15
BandWidth 12.16
MACD Line 1.46
MACD Signal Line 4.20
MACD Histogram -2.7444
Fundamentals Value
Market Cap 65.81 Billion
Num Shares 250 Million
EPS 16.86
Price-to-Earnings (P/E) Ratio 15.62
Price-to-Sales 0.69
Price-to-Book 2.27
PEG Ratio 0.84
Dividend 4.93
Dividend Yield 1.87%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 268.05
Resistance 3 (R3) 268.14 266.67 267.27
Resistance 2 (R2) 266.67 265.48 266.63 267.01
Resistance 1 (R1) 265.02 264.74 264.29 264.93 266.75
Pivot Point 263.55 263.55 263.18 263.51 263.55
Support 1 (S1) 261.90 262.36 261.17 261.81 259.99
Support 2 (S2) 260.43 261.62 260.39 259.73
Support 3 (S3) 258.78 260.43 259.47
Support 4 (S4) 258.69