|
|
Uptrend ExhaustionArchive - 10/23/2026 - Sign In to see current Signals. |
FedEx Corporation (FDX) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was a fourth positive week after 4 consecutive negative weeks for the FedEx Corporation (FDX). During the week, the FDX gained 5.17 points, or 1.76%, and closed at 298.72 on Friday, October 23, 2026. It was the best weekly gain since August 28, 2026. Weekly volume was -46% below average. FDX is a member of Industrials Sector. Industrials is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
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 226.22 and resistance is at 435.62. 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 May 29, 2026 at 413.87 and reached 279.23 on September 25, 2026. FDX lost 134.64 points, or 32.53%, in 17 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (267.91) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. FDX may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See FDX weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 link to access Lane's Stochastic 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 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 42 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 240.04 and resistance is at 336.42. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See FDX daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since October 5, 2026. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 6.12% on Friday. It is 55.63% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|