US stock / ETF

FedEx Corporation

FDX · NYSE · USD

3 monthsBullish78%
3M Upside probability 78%Bullish

FDX 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $88.69 and reclaim $413.87.

Invalidation Trigger

Lose $88.69 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 60.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $56.91 (17.89%)

3M

EMA Structure

Range
EMA 8$294.15Bullish
EMA 21$260.3Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 60.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $56.91 · BB 73.01%

High volatility

Strength
Bearish
Volume
MFI 60.7 · OBV 14.96%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$88.69 - $413.87

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+47.97% · 2.7 ATR above latest close

$470.78
Nearest resistance

+30.09% · 1.7 ATR above · 29-bar high

$413.87
Current price

Price shown is delayed

$318.15
Nearest support

-72.12% · 4.0 ATR below · 29-bar low

$88.69
Deeper support zone

-90.01% · 5.0 ATR below latest close

$31.78
ATR zone

Latest close ± ATR14

$261.24 - $375.06

Indicators

Trend

Dow Theory Structure

Confirmation $413.87, invalidation $194.3

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

Trend strength is moderate

20.9 / 29.9 / 10.9Bullish
Supertrend (10,3)

Price is above Supertrend

$126.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$281.36 / --Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Volatility

ATR (14)

High volatility

$56.91 (17.89%)Bearish
Bollinger Bands (20,2)

Width 73.01%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$386.2 / $139.02Bearish
ATR channel lower / upper

Current Volatility Envelope

$261.24 / $375.06Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.87Range
Support

Nearest Downside Decision Level

$88.69Range

Momentum

RSI (14)

Momentum is strong

60.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

56.4 / 66.4Bearish
Williams %R (14)

Neutral zone

-43.6Range
CCI (20)

Strong expansion

110.9Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

14.96%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $413.87, invalidation $194.3

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

Trend strength is moderate

20.9 / 29.9 / 10.9Bullish
Supertrend (10,3)

Price is above Supertrend

$126.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$281.36 / --Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Momentum

RSI (14)

Momentum is strong

60.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

56.4 / 66.4Bearish
Williams %R (14)

Neutral zone

-43.6Range
CCI (20)

Strong expansion

110.9Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$56.91 (17.89%)Bearish
Bollinger Bands (20,2)

Width 73.01%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$386.2 / $139.02Bearish
ATR channel lower / upper

Current Volatility Envelope

$261.24 / $375.06Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

14.96%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.87Range
Support

Nearest Downside Decision Level

$88.69Range

Related Forecasts