US stock / ETF

FedEx Corporation

FDX · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

FDX 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $342.27 and stabilize above resistance $413.67.

Invalidation Trigger

Break above $413.67 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 34.0, MACD -1.101

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $8.84 (2.79%)

Daily

EMA Structure

Bearish
EMA 8$328.6Bearish
EMA 21$342.27Bearish
EMA 50$355.22Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.0 · MACD -1.101

Momentum is weak

Strength
Bearish
Volatility
ATR $8.84 · BB 37.06%

Medium volatility

Strength
Range
Volume
MFI 49.9 · OBV 3.92%

Relative to 20-period average volume

Strength
Range
Price Levels
$317.15 - $413.67

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+33.22% · 11.9 ATR above latest close

$422.5
Nearest resistance

+30.43% · 10.9 ATR above · 34-bar high

$413.67
Current price

Price shown is delayed

$317.15
Nearest support

+0% · 0.0 ATR below · 34-bar low

$317.15
Deeper support zone

-2.79% · 1.0 ATR below latest close

$308.31
ATR zone

Latest close ± ATR14

$308.31 - $325.99

Indicators

Trend

Dow Theory Structure

Confirmation $319.01, invalidation $345.37

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.6 / 22.4 / 27.0Bearish
Supertrend (10,3)

Price is above Supertrend

$293Bullish
Ichimoku Cloud

Cloud Span A / Span B

$348.33 / $365.41Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Medium volatility

$8.84 (2.79%)Range
Bollinger Bands (20,2)

Width 37.06%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$360.87 / $321.87Range
ATR channel lower / upper

Current Volatility Envelope

$308.31 / $325.99Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.67Range
Support

Nearest Downside Decision Level

$317.15Range

Momentum

RSI (14)

Momentum is weak

34.0Bearish
MACD (12,26,9)

Histogram is negative

-1.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 20.8Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Balanced zone

-68.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

3.92%Bullish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Trend

Dow Theory Structure

Confirmation $319.01, invalidation $345.37

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.6 / 22.4 / 27.0Bearish
Supertrend (10,3)

Price is above Supertrend

$293Bullish
Ichimoku Cloud

Cloud Span A / Span B

$348.33 / $365.41Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

34.0Bearish
MACD (12,26,9)

Histogram is negative

-1.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 20.8Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Balanced zone

-68.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$8.84 (2.79%)Range
Bollinger Bands (20,2)

Width 37.06%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$360.87 / $321.87Range
ATR channel lower / upper

Current Volatility Envelope

$308.31 / $325.99Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

3.92%Bullish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.67Range
Support

Nearest Downside Decision Level

$317.15Range

Related Forecasts