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Archive - 2/28/2025 - Sign In to see current Signals. |
FedEx Corporation (FDX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the FedEx Corporation (FDX). During the week, the FDX gained 7.50 points, or 2.95%, and closed at 261.70 on Friday, February 28, 2025. Weekly volume was -33% below average.
Long-term trend: [See FDX long-term trend chart] A long-term uptrend had started on March 17, 2020 at 88.69 and reached 319.90 on May 27, 2021. FDX gained -231.21 points, or -260.69%, in 62 weeks. The chart has formed a Ascending Triangle chart pattern. The trend support level is at 192.56 and resistance is at 312.64. An Ascending Triangle is a variation of triangle formation that has a flat resistance line and rising support line. The higher lows indicate an increasing demand and give the ascending triangle definitive bullish bias. An Ascending Triangle usually represents an accumulation stage in bullish market. An Ascending Triangle is considered to be a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Use the following link to access a Ascending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Ascending Triangle pattern in a long-term trend.
Medium-term trend: [See FDX medium-term trend chart] A medium-term uptrend had started on September 27, 2022 at 141.92 and reached 313.84 on July 16, 2024. FDX gained -171.92 points, or -121.14%, in 94 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (267.40) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See FDX weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 13, 2024. Use the following link to access a MACD help.
Short-term trend: [See FDX short-term trend chart] A short-term uptrend had started on February 21, 2025 at 244.50 and reached 264.50 on February 28, 2025. FDX gained -20.00 points, or -8.18%, in 7 days. The price is now at the 14.00% retracement level.
Daily Technical Indicators: [See FDX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since February 27, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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