FEDEX CORP (FDX) Stock Technical Analysis
NYSE:FDX - New York Stock Exchange, Inc. - US31428X1063 - Common Stock - Currency: USD
Taking everything into account, FDX scores 1 out of 10 in our technical rating. FDX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
75% of all other stocks performed better in the past year than FDX.
FDX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FDX is lagging the market.
FDX has an average volume of 2095890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FDX is an average performer in the Air Freight & Logistics industry, it outperforms 66% of 22 stocks in the same industry.
In the last month FDX has a been trading in the 204.33 - 238.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of FDX is bad and it also does not present a 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
216.62
309.37
3 important resistance areas can be observed.
- A resistance zone ranging from 223.31 to 232.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @268.05 from a horizontal line in the daily time frame.
- Resistance @306.31 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for FDX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FDX is down. |
| ChartMill Relative Strength | 25.83 | NEGATIVE | FDX has a low relative strength, it was outperformed by 74.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FDX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.16 | NEUTRAL | The RSI value for FDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests FDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.67 | NEUTRAL | The Stochastics value for FDX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for FDX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.71 | NEGATIVE | The low ADX value for FDX suggests a weak or negative trend. |
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)
218.81
+2 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg0.92%
1 Week-5.32%
2 Weeks-0.18%
1 Month1.45%
3 Month-13.92%
6 Month-27.06%
12 Month-11.62%
2 Year0.38%
3 Year-2.57%
5 Year67.59%
10 Year26.32%
15 Year162.08%
Volatility
ATR(14)5.63
ATR(20)%2.66%
ATR Inc-23.05%
Range Today4.49
ADR(20)4.66
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.83
Mansfield-1.94
10 Day High238.41
10 Day Low215.71
20 Day High238.41
20 Day Low204.33
52 Week High313.84
52 Week Low194.3
CS1 EndN/A
CR1 Start223.31
Volume & EV
DER(3)-0.85%
DER(5)0.41%
Volume1.51M
Volume Incr22.28%
Vol(5)1.95M
Vol(50)2.10M