FEDEX CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FDX
ISIN:

FEDEX CORP. - Daily - Technical analysis published on 07/22/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 215.18 USD

My targets

231.44 USD (+1.70%)

237.37 USD (+4.31%)

My analysis

The basic bullish trend is very strong on FEDEX CORP. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 215.18 USD. Crossing the first resistance at 231.44 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 237.37 USD as an objective. Crossing it would then enable buyers to target 243.12 USD. Caution, a return to below 215.18 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The FEDEX CORP. rating is 227.57 USD. On the day, this instrument lost -0.04% and was traded between 225.39 USD and 230.31 USD over the period. The price is currently at +0.97% from its lowest and -1.19% from its highest.

225.39

230.31

227.57

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of FEDEX CORP. in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Dark cloud cover

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	208.14	215.18	225.18	227.57	231.44	237.37	243.12
Change (%)	-8.54%	-5.44%	-1.05%	-	+1.70%	+4.31%	+6.83%
Change	-19.43	-12.39	-2.39	-	+3.87	+9.80	+15.55
Level	Intermediate	Major	Major	-	Intermediate	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	223.44	224.57	226.12	227.25	228.80	229.93	231.48
Camarilla	226.92	227.17	227.41	227.66	227.91	228.15	228.40
Woodie	223.64	224.68	226.32	227.36	229.00	230.04	231.68
Fibonacci	224.57	225.60	226.23	227.25	228.28	228.91	229.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	187.57	198.99	208.41	219.83	229.25	240.67	250.09
Camarilla	212.10	214.01	215.92	217.83	219.74	221.65	223.56
Woodie	186.57	198.49	207.41	219.33	228.25	240.17	249.09
Fibonacci	198.99	206.95	211.87	219.83	227.79	232.71	240.67

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	148.49	172.96	199.83	224.30	251.17	275.64	302.51
Camarilla	212.59	217.30	222.00	226.71	231.42	236.12	240.83
Woodie	149.70	173.56	201.04	224.90	252.38	276.24	303.72
Fibonacci	172.96	192.57	204.69	224.30	243.91	256.03	275.64

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.06
MACD (12,26,9):	0.6200
Directional Movement:	7.38
AROON (14):	-28.57
DEMA (21):	225.80
Parabolic SAR (0,02-0,02-0,2):	235.57
Elder Ray (13):	3.22
Super Trend (3,10):	237.09
Zig ZAG (10):	226.51
VORTEX (21):	0.8900
Stochastique (14,3,5):	75.21
TEMA (21):	223.93
Williams %R (14):	-27.01
Chande Momentum Oscillator (20):	-0.90
Repulse (5,40,3):	0.6600
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	6.71

MA7:	222.54
MA20:	227.40
MA50:	219.96
MA100:	215.87
MAexp7:	224.86
MAexp20:	224.51
MAexp50:	221.67
MAexp100:	221.93
Price / MA7:	+2.26%
Price / MA20:	+0.07%
Price / MA50:	+3.46%
Price / MA100:	+5.42%
Price / MAexp7:	+1.21%
Price / MAexp20:	+1.36%
Price / MAexp50:	+2.66%
Price / MAexp100:	+2.54%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on FEDEX CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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