FEDEX CORP (FDX)

US31428X1063 - Common Stock

287.88  -1.11 (-0.38%)

Premarket: 287.18 -0.7 (-0.24%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to FDX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FDX is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FDX did better than 80% of all other stocks. On top of that, FDX also shows a nice and consistent pattern of rising prices.
FDX is one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 93% of 17 stocks in the same industry.
FDX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FDX has a been trading in the 244.53 - 291.27 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
FDX has an average volume of 2171330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
FDX Weekly chart
FDX Daily chart
Setup Rating and Analysis

3

Although FDX has an excellent technical rating, it does not offer a high quality setup 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

223.58

291.89

4 important support areas can be observed.

  • A support zone ranging from 249.75 to 253.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @245.02 from a trend line in the weekly time frame.
  • A support zone ranging from 236.28 to 239.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @225.84 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 287.89 to 289.00. 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
CRS80.18
Mansfield-0.01
10 Day High291.27
10 Day Low251.68
20 Day High291.27
20 Day Low244.53
52 Week High291.27
52 Week Low213.81
Performance
1 Week10.73%
2 Weeks12.8%
1 Month17.81%
3 Month13.8%
6 Month8.67%
12 Month25.99%
2 Year24.41%
3 Year1.35%
5 Year58.69%
10 Year117.17%
15 Year547.07%
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)3.89
RSI(14)81.66
LBB235.32
UBB292.83
FDX Daily chart

FEDEX CORP

NYSE:FDX (3/27/2024, 8:12:25 PM)

Premarket: 287.18 -0.7 (-0.24%)

287.88

-1.11 (-0.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-0.38%
1 Week10.73%
2 Weeks12.8%
1 Month17.81%
3 Month13.8%
6 Month8.67%
12 Month25.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.46
ATR(20)%1.97%
ATR Inc
Range Today5.51
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 High291.27
10 Day Low251.68
20 Day High291.27
20 Day Low244.53
52 Week High291.27
52 Week Low213.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.79M
Volume Incr176.69%
Vol(5)4.48M
Vol(50)2.17M