FEDEX CORP (FDX) Technical Analysis
NYSE:FDX • US31428X1063
Current stock price
FDX Technical Rating and Analysis
Overall FDX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FDX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FDX did better than 90% of all other stocks. On top of that, FDX also shows a nice and consistent pattern of rising prices.
- FDX is part of the Air Freight & Logistics industry. There are 23 other stocks in this industry. FDX outperforms 90% of them.
- 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 341.25 - 399.67 range, which is quite wide. It is currently trading near the high of this range.
- FDX has an average volume of 1851050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FDX Weekly and Daily overview Charts
FDX Setup Rating and Analysis
Although FDX has an excellent technical rating, it does not present a decent entry opportunity 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
FDX Support and Resistance Analysis
238.88
When analyzing the support we can see 4 important areas.
- A support zone ranging from 375.45 to 380.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 357.92 to 369.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 341.75 to 343.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @241.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 392.39 to 394.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
FDX Technical Indicator Signal Analysis
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 | 90.73 | POSITIVE | FDX has a high relative strength, it outperformed 90.73% off all stocks 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) | UP | POSITIVE | The current price of FDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.81 | NEUTRAL | The RSI value for FDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.84 | POSITIVE | The MACD value suggests FDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.04 | OVERBOUGHT | The high Stochastics value suggests FDX may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for FDX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for FDX suggests a possible start of a new trend. |
FDX Chart- and CandleStick Pattern Analysis
FDX Technicals: Chart, Performance Metrics, Trend & Indicators
385.95
-8.64 (-2.19%)
FEDEX CORP / FDX TA FAQ
Can you provide the ChartMill technical rating for FEDEX CORP?
ChartMill assigns a technical rating of 10 / 10 to FDX.
What is the trend direction for FDX stock?
The current trend direction for FEDEX CORP (FDX) is Bullish.
What is the RSI signal for FEDEX CORP (FDX) stock?
FEDEX CORP (FDX) has an RSI value of 60.8126. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FEDEX CORP?
The MACD indicator for FEDEX CORP (FDX) has a value of 2.83684, indicating a bullish trend.
What is the buy/sell signal for FEDEX CORP (FDX) stock?
The buy/sell signal for FEDEX CORP (FDX) is buy as both the short term and long term trends are positive.