NYSE:FDX • US31428X1063
Overall FDX gets a technical rating of 9 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.
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.
218.86
We found 3 important support areas.
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 | 90.4 | POSITIVE | FDX has a high relative strength, it outperformed 90.4% 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) | 82.67 | OVERBOUGHT | The high RSI value suggests FDX may be overbought. |
| 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) | 89.14 | OVERBOUGHT | The high Stochastics value suggests FDX may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for FDX suggests some volalility. |
| Average Directional Index/ADX (14) | 46.09 | POSITIVE | The high ADX value value for FDX suggests a strong trend. |
374.72
+5.26 (+1.42%)
ChartMill assigns a technical rating of 9 / 10 to FDX.
The current trend direction for FEDEX CORP (FDX) is Bullish.
FEDEX CORP (FDX) has an RSI value of 82.6667. This indicates that the stock is currently overbought.
The short term momentum for FEDEX CORP (FDX) is positive.
The buy/sell signal for FEDEX CORP (FDX) is buy as both the short term and long term trends are positive.