FEDEX CORP (FDX) Stock Technical Analysis
USA - NYSE:FDX - US31428X1063 - Common Stock
Taking everything into account, FDX scores 8 out of 10 in our technical rating. Although FDX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
More info and screens
214.44
We found 4 important support areas.
- A support zone ranging from 236.35 to 242.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 224.62 to 228.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @221.07 from a horizontal line in the daily time frame.
- Support @216.61 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 256.11 to 256.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDX is up. |
| ChartMill Relative Strength | 47.48 | NEUTRAL | FDX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FDX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.37 | NEUTRAL | The RSI value for FDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.18 | POSITIVE | The MACD value suggests FDX has a positive trend. |
| Stochastics (14,3) | 86.93 | OVERBOUGHT | The high Stochastics value suggests FDX may be overbought. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for FDX suggests some volalility. |
| Average Directional Index/ADX (14) | 30.64 | POSITIVE | The high ADX value value for FDX suggests a strong trend. |
256.1
+4.22 (+1.68%)
FEDEX CORP / FDX FAQ
Can you provide the ChartMill technical rating for FEDEX CORP?
ChartMill assigns a technical rating of 8 / 10 to FDX.
Can you provide the trend direction for FEDEX CORP?
The current trend direction for FEDEX CORP (FDX) is Bullish.
What is the RSI signal for FDX stock?
FEDEX CORP (FDX) has an RSI value of 68.3732. This indicates that the stock is currently neutral.
What is the MACD signal for FEDEX CORP (FDX) stock?
The MACD indicator for FEDEX CORP (FDX) has a value of 1.18396, indicating a bullish trend.
What is the buy/sell signal for FDX stock?
The buy/sell signal for FEDEX CORP (FDX) is buy as both the short term and long term trends are positive.