US stock / ETF

FedEx Corporation

FDX · NYSE · USD

1 dayBearish80%
Daily Downside probability 80%Bearish

FDX 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $314.26 and stabilize above resistance $342.14.

Invalidation Trigger

Break above $342.14 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 41.7, MACD 0.661

Daily
Volatility EnvironmentRange
Low volatility

ATR is $5.85 (1.89%)

Daily

EMA Structure

Bearish
EMA 8$310.54Bearish
EMA 21$314.26Bearish
EMA 50$326.53Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.7 · MACD 0.661

Momentum is weak

Strength
Range
Volatility
ATR $5.85 · BB 4.37%

Low volatility

Strength
Range
Volume
MFI 41.8 · OBV -5.09%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$303 - $342.14

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.26% · 6.5 ATR above latest close

$347.99
Nearest resistance

+10.37% · 5.5 ATR above · 34-bar high

$342.14
Current price

Price shown is delayed

$309.98
Nearest support

-2.25% · 1.2 ATR below · 34-bar low

$303
Deeper support zone

-4.14% · 2.2 ATR below latest close

$297.15
ATR zone

Latest close ± ATR14

$304.13 - $315.83

Indicators

Trend

Dow Theory Structure

Confirmation $322.13, invalidation $303

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

22.8 / 10.1 / 20.9Bearish
Supertrend (10,3)

Price is above Supertrend

$291.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$313.31 / $358.44Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Volatility

ATR (14)

Low volatility

$5.85 (1.89%)Range
Bollinger Bands (20,2)

Width 4.37%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$325.32 / $302.46Range
ATR channel lower / upper

Current Volatility Envelope

$304.13 / $315.83Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$342.14Range
Support

Nearest Downside Decision Level

$303Range

Momentum

RSI (14)

Momentum is weak

41.7Bearish
MACD (12,26,9)

Histogram is positive

0.661Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.5 / 30.7Bullish
Williams %R (14)

Neutral zone

-63.5Range
CCI (20)

Balanced zone

-84.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.8Bearish
OBV slope

20-period OBV slope

-5.09%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $322.13, invalidation $303

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

22.8 / 10.1 / 20.9Bearish
Supertrend (10,3)

Price is above Supertrend

$291.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$313.31 / $358.44Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Momentum

RSI (14)

Momentum is weak

41.7Bearish
MACD (12,26,9)

Histogram is positive

0.661Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.5 / 30.7Bullish
Williams %R (14)

Neutral zone

-63.5Range
CCI (20)

Balanced zone

-84.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$5.85 (1.89%)Range
Bollinger Bands (20,2)

Width 4.37%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$325.32 / $302.46Range
ATR channel lower / upper

Current Volatility Envelope

$304.13 / $315.83Range

Volume / Money Flow

MFI (14)

Money flow is weak

41.8Bearish
OBV slope

20-period OBV slope

-5.09%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$342.14Range
Support

Nearest Downside Decision Level

$303Range

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