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Uptrend ExhaustionArchive
- 10/30/2026 -
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FedEx Corporation (FDX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a fifth positive week after 4 consecutive negative weeks for the FedEx Corporation (FDX). During the week, the FDX gained 14.56 points, or 4.87%, and closed at 313.28 on Friday, October 30, 2026. It was the best weekly gain since August 14, 2026. Weekly volume was 6% above 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 226.64 and resistance is at 436.69. 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 (265.08) 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 technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 230.24 and resistance is at 335.88. 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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.
The daily MACD line is above its signal line since October 5, 2026.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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