US stock / ETF

FedEx Corporation

FDX · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

FDX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $328.75 and stabilize above resistance $345.37.

Invalidation Trigger

Break above $345.37 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 30.3, MACD -0.664

4h
Volatility EnvironmentRange
Low volatility

ATR is $6.1 (1.95%)

4h

EMA Structure

Bearish
EMA 8$320.68Bearish
EMA 21$328.75Bearish
EMA 50$343.23Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.3 · MACD -0.664

Momentum is weak

Strength
Bearish
Volatility
ATR $6.1 · BB 10.32%

Low volatility

Strength
Range
Volume
MFI 5.3 · OBV -36.56%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$307.01 - $345.37

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.45% · 6.4 ATR above latest close

$351.46
Nearest resistance

+10.5% · 5.4 ATR above · 34-bar high

$345.37
Current price

Price shown is delayed

$312.56
Nearest support

-1.78% · 0.9 ATR below · 34-bar low

$307.01
Deeper support zone

-3.73% · 1.9 ATR below latest close

$300.91
ATR zone

Latest close ± ATR14

$306.46 - $318.66

Indicators

Trend

Dow Theory Structure

Confirmation $331.3, invalidation $324.56

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

Trend strength is active

27.7 / 13.1 / 42.7Bearish
Supertrend (10,3)

Price is above Supertrend

$293.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$322.95 / $360.34Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

Low volatility

$6.1 (1.95%)Range
Bollinger Bands (20,2)

Width 10.32%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$341.01 / $315.35Range
ATR channel lower / upper

Current Volatility Envelope

$306.46 / $318.66Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.37Range
Support

Nearest Downside Decision Level

$307.01Range

Momentum

RSI (14)

Momentum is weak

30.3Bearish
MACD (12,26,9)

Histogram is negative

-0.664Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 10.8Bullish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-158.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

5.3Bearish
OBV slope

20-period OBV slope

-36.56%Bearish
Volume ratio

Relative to 20-period average volume

1.59xBullish

Trend

Dow Theory Structure

Confirmation $331.3, invalidation $324.56

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

Trend strength is active

27.7 / 13.1 / 42.7Bearish
Supertrend (10,3)

Price is above Supertrend

$293.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$322.95 / $360.34Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

30.3Bearish
MACD (12,26,9)

Histogram is negative

-0.664Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 10.8Bullish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-158.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$6.1 (1.95%)Range
Bollinger Bands (20,2)

Width 10.32%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$341.01 / $315.35Range
ATR channel lower / upper

Current Volatility Envelope

$306.46 / $318.66Range

Volume / Money Flow

MFI (14)

Money flow is weak

5.3Bearish
OBV slope

20-period OBV slope

-36.56%Bearish
Volume ratio

Relative to 20-period average volume

1.59xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.37Range
Support

Nearest Downside Decision Level

$307.01Range

Related Forecasts