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Uptrend ExhaustionArchive - 10/9/2026 - Sign In to see current Signals. |
FedEx Corporation (FDX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a second positive week after 4 consecutive negative weeks for the FedEx Corporation (FDX). During the week, the FDX climbed 1.35 points, or 0.46%, and closed at 291.71 on Friday, October 9, 2026. Weekly volume was -25% below average.
Long-term trend: [See FDX long-term trend chart] A long-term uptrend had started on September 27, 2022 at 141.92 and reached 413.87 on May 29, 2026. FDX gained -271.95 points, or -191.62%, in 191 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 225.40 and resistance is at 433.49. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See FDX medium-term trend chart] A medium-term downtrend had started on August 14, 2026 at 341.69 and reached 279.23 on September 25, 2026. FDX lost 62.46 points, or 18.28%, in 6 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 259.63 and resistance is at 337.50. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See FDX weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since May 1, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See FDX short-term trend chart] A short-term uptrend had started on September 25, 2026 at 279.23 and reached 292.59 on October 9, 2026. FDX gained -13.36 points, or -4.78%, in 14 days. The price is now at the 6.59% retracement level.
Daily Technical Indicators: [See FDX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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