US stock / ETF

FedEx Corporation

FDX · NYSE · USD

4 hoursBearish75%
4h Downside probability 75%Bearish

FDX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $328.69 and stabilize above resistance $340.83.

Invalidation Trigger

Break above $340.83 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 44.6, MACD -1.253

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.26 (1%)

4h

EMA Structure

Range
EMA 8$327.47Bearish
EMA 21$328.69Bearish
EMA 50$325.56Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.6 · MACD -1.253

Momentum is weak

Strength
Bearish
Volatility
ATR $3.26 · BB 4.42%

Low volatility

Strength
Bullish
Volume
MFI 17.1 · OBV -21.74%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$316.9 - $340.83

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.85% · 5.8 ATR above latest close

$344.09
Nearest resistance

+4.84% · 4.8 ATR above · 34-bar high

$340.83
Current price

Price shown is delayed

$325.08
Nearest support

-2.52% · 2.5 ATR below · 34-bar low

$316.9
Deeper support zone

-3.52% · 3.5 ATR below latest close

$313.63
ATR zone

Latest close ± ATR14

$321.82 - $328.34

Indicators

Trend

Dow Theory Structure

Confirmation $326.02, invalidation $332.54

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

Trend strength is active

35.9 / 40.5 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$313.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$331.07 / $323.93Bearish
Donchian Channel (20)

20-period breakout channel position

0%Range

Volatility

ATR (14)

Low volatility

$3.26 (1%)Bullish
Bollinger Bands (20,2)

Width 4.42%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$336.21 / $321.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$321.82 / $328.34Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$340.83Range
Support

Nearest Downside Decision Level

$316.9Range

Momentum

RSI (14)

Momentum is weak

44.6Bearish
MACD (12,26,9)

Histogram is negative

-1.253Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.2 / 5.7Bearish
Williams %R (14)

Oversold zone

-99.8Bullish
CCI (20)

Weak expansion

-126.2Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.1Bearish
OBV slope

20-period OBV slope

-21.74%Bearish
Volume ratio

Relative to 20-period average volume

1.82xBullish

Trend

Dow Theory Structure

Confirmation $326.02, invalidation $332.54

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

Trend strength is active

35.9 / 40.5 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$313.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$331.07 / $323.93Bearish
Donchian Channel (20)

20-period breakout channel position

0%Range

Momentum

RSI (14)

Momentum is weak

44.6Bearish
MACD (12,26,9)

Histogram is negative

-1.253Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.2 / 5.7Bearish
Williams %R (14)

Oversold zone

-99.8Bullish
CCI (20)

Weak expansion

-126.2Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$3.26 (1%)Bullish
Bollinger Bands (20,2)

Width 4.42%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$336.21 / $321.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$321.82 / $328.34Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.1Bearish
OBV slope

20-period OBV slope

-21.74%Bearish
Volume ratio

Relative to 20-period average volume

1.82xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$340.83Range
Support

Nearest Downside Decision Level

$316.9Range

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