US stock / ETF

FedEx Corporation

FDX · NYSE · USD

1 weekBearish87%
Weekly Downside probability 87%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 $321.13 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 38.5, MACD -5.129

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $15.13 (5.21%)

Weekly

EMA Structure

Range
EMA 8$306.4Bearish
EMA 21$321.13Bearish
EMA 50$317.03Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.5 · MACD -5.129

Momentum is weak

Strength
Bearish
Volatility
ATR $15.13 · BB 35.75%

High volatility

Strength
Bearish
Volume
MFI 33.3 · OBV -8.89%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$279.23 - $413.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+47.75% · 9.2 ATR above latest close

$429
Nearest resistance

+42.54% · 8.2 ATR above · 34-bar high

$413.87
Current price

Price shown is delayed

$290.36
Nearest support

-3.83% · 0.7 ATR below · 34-bar low

$279.23
Deeper support zone

-9.04% · 1.7 ATR below latest close

$264.1
ATR zone

Latest close ± ATR14

$275.23 - $305.49

Indicators

Trend

Dow Theory Structure

Confirmation $341.69, invalidation $303

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

Trend strength is active

39.0 / 13.9 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$240.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$328.51 / $319.24Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

High volatility

$15.13 (5.21%)Bearish
Bollinger Bands (20,2)

Width 35.75%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$351.83 / $289.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$275.23 / $305.49Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.87Range
Support

Nearest Downside Decision Level

$279.23Range

Momentum

RSI (14)

Momentum is weak

38.5Bearish
MACD (12,26,9)

Histogram is negative

-5.129Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.8 / 12.6Bullish
Williams %R (14)

Oversold zone

-82.2Bullish
CCI (20)

Weak expansion

-135.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.3Bearish
OBV slope

20-period OBV slope

-8.89%Bearish
Volume ratio

Relative to 20-period average volume

0.92xRange

Trend

Dow Theory Structure

Confirmation $341.69, invalidation $303

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

Trend strength is active

39.0 / 13.9 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$240.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$328.51 / $319.24Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

38.5Bearish
MACD (12,26,9)

Histogram is negative

-5.129Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.8 / 12.6Bullish
Williams %R (14)

Oversold zone

-82.2Bullish
CCI (20)

Weak expansion

-135.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$15.13 (5.21%)Bearish
Bollinger Bands (20,2)

Width 35.75%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$351.83 / $289.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$275.23 / $305.49Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.3Bearish
OBV slope

20-period OBV slope

-8.89%Bearish
Volume ratio

Relative to 20-period average volume

0.92xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.87Range
Support

Nearest Downside Decision Level

$279.23Range

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