US stock / ETF

FedEx Corporation

FDX · NYSE · USD

4 hoursBearish61%
4h Downside probability 61%Bearish

FDX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $315.18 and stabilize above resistance $330.91.

Invalidation Trigger

Break above $330.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 38.8, MACD 0.316

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.09 (0.99%)

4h

EMA Structure

Bearish
EMA 8$312.33Bearish
EMA 21$315.18Bearish
EMA 50$320.02Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.8 · MACD 0.316

Momentum is weak

Strength
Range
Volatility
ATR $3.09 · BB 5.82%

Low volatility

Strength
Bullish
Volume
MFI 47.1 · OBV 88.07%

Relative to 20-period average volume

Strength
Range
Price Levels
$306.79 - $330.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.05% · 7.1 ATR above latest close

$334
Nearest resistance

+6.06% · 6.1 ATR above · 34-bar high

$330.91
Current price

Price shown is delayed

$311.99
Nearest support

-1.67% · 1.7 ATR below · 34-bar low

$306.79
Deeper support zone

-2.66% · 2.7 ATR below latest close

$303.7
ATR zone

Latest close ± ATR14

$308.9 - $315.08

Indicators

Trend

Dow Theory Structure

Confirmation $315.73, invalidation $309.21

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

38.2 / 17.3 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$303.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$313.73 / $323.81Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

Low volatility

$3.09 (0.99%)Bullish
Bollinger Bands (20,2)

Width 5.82%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$320.08 / $309.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$308.9 / $315.08Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$330.91Range
Support

Nearest Downside Decision Level

$306.79Range

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is positive

0.316Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 33.8Bullish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Balanced zone

-56.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.1Range
OBV slope

20-period OBV slope

88.07%Bullish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Trend

Dow Theory Structure

Confirmation $315.73, invalidation $309.21

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

38.2 / 17.3 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$303.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$313.73 / $323.81Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is positive

0.316Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 33.8Bullish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Balanced zone

-56.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$3.09 (0.99%)Bullish
Bollinger Bands (20,2)

Width 5.82%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$320.08 / $309.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$308.9 / $315.08Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.1Range
OBV slope

20-period OBV slope

88.07%Bullish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$330.91Range
Support

Nearest Downside Decision Level

$306.79Range

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