The Greedy Trader Weekly Analysis
Sign In Nov 16, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
FedEx Corporation
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorLane's Stochastic is oversold
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a second positive week after 6 consecutive negative weeks for the FedEx Corporation (FDX). During the week, the FDX gained 2.74 points, or 1.24%, and closed at 224.40 on Friday, November 09, 2018. Weekly volume was -23% below average.

FDX is a member of Services Sector. Services is the second most overbought 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 March 9, 2009 at 34.02 and reached 274.66 on January 18, 2018. FDX gained -240.64 points, or -707.35%, in 462 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 154.49 and resistance is at 260.68. 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 June 12, 2018 at 266.67 and reached 207.90 on October 29, 2018. FDX lost 58.77 points, or 22.04%, in 19 weeks. The price is now at the 28.08% retracement level.

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 September 21, 2018. 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 September 17, 2018 at 259.25 and reached 207.90 on October 29, 2018. FDX lost 51.35 points, or 19.81%, in 42 days. The price is now at the 32.13% retracement level.

Daily Technical Indicators: [See FDX daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since October 30, 2018.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.07
Williams' Percentage Range (W%R) 11.70
Overbought
Lane's Stochastic (%D-Slow) 84.66
Overbought
Greed/Fear Indicator (GFI) 76.33
Moving Average Converg./Diverg. (MACD) -3.47
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.17
Williams' Percentage Range (W%R) 58.90
Lane's Stochastic (%D-Slow) 16.20
Oversold
Greed/Fear Indicator (GFI) 33.59
Moving Average Converg./Diverg. (MACD) -2.27
Trading Signals
Description Value Chart
Yearly Trendline Resistance 260.68
Upper Bollinger Band 235.88
50 Day Moving Average 232.96
Daily Stochastic Crossing 230.09
Price 224.40
20 Day Moving Average 220.31
Parabolic System 220.18
Weekly Stochastic Crossing 217.74
Lower Bollinger Band 212.11
Sector and Industry
Description Name Rank
Sector Services 8
Industry Air Delivery/Freight Svcs 65
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 259.25
High Date 09/17/2018
Low 207.90
Low Date 10/29/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 266.67
High Date 06/12/2018
Low 207.90
Low Date 10/29/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 274.66
High Date 01/18/2018
Low 207.90
Low Date 10/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 119.71
Low Date 01/20/2016
High 274.66
High Date 01/18/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 260.68
Support 154.49
Low 34.02
Low Date 03/09/2009
High 274.66
High Date 01/18/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.