US stock / ETF

FedEx Corporation

FDX · NYSE · USD

1 weekBearish92%
Weekly Downside probability 92%Bearish

FDX 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $330.48 and stabilize above resistance $413.87.

Invalidation Trigger

Break above $413.87 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 43.6, MACD -3.308

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $16.93 (5.43%)

Weekly

EMA Structure

Range
EMA 8$322.31Bearish
EMA 21$330.48Bearish
EMA 50$320.08Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.6 · MACD -3.308

Momentum is weak

Strength
Bearish
Volatility
ATR $16.93 · BB 37.45%

High volatility

Strength
Bearish
Volume
MFI 37.2 · OBV -9.69%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$299.25 - $413.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+38.08% · 7.0 ATR above latest close

$430.8
Nearest resistance

+32.65% · 6.0 ATR above · 34-bar high

$413.87
Current price

Price shown is delayed

$311.99
Nearest support

-4.08% · 0.8 ATR below · 34-bar low

$299.25
Deeper support zone

-9.51% · 1.8 ATR below latest close

$282.32
ATR zone

Latest close ± ATR14

$295.06 - $328.92

Indicators

Trend

Dow Theory Structure

Confirmation $341.69, invalidation $303

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

Trend strength is active

35.6 / 13.5 / 21.8Bearish
Supertrend (10,3)

Price is above Supertrend

$269.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$340.39 / $319.12Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

High volatility

$16.93 (5.43%)Bearish
Bollinger Bands (20,2)

Width 37.45%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$360.1 / $300.42Bearish
ATR channel lower / upper

Current Volatility Envelope

$295.06 / $328.92Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.87Range
Support

Nearest Downside Decision Level

$299.25Range

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is negative

-3.308Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.2 / 30.8Bearish
Williams %R (14)

Neutral zone

-78.8Range
CCI (20)

Balanced zone

-67.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

-9.69%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $341.69, invalidation $303

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

Trend strength is active

35.6 / 13.5 / 21.8Bearish
Supertrend (10,3)

Price is above Supertrend

$269.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$340.39 / $319.12Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is negative

-3.308Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.2 / 30.8Bearish
Williams %R (14)

Neutral zone

-78.8Range
CCI (20)

Balanced zone

-67.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$16.93 (5.43%)Bearish
Bollinger Bands (20,2)

Width 37.45%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$360.1 / $300.42Bearish
ATR channel lower / upper

Current Volatility Envelope

$295.06 / $328.92Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

-9.69%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.87Range
Support

Nearest Downside Decision Level

$299.25Range

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