The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 6/13/2025 -
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FedEx Corporation (FDX) Technical Analysis

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Summary:
Weekly :Overbought sectorWeekly  MACD line has moved above its signal line
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
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It was a third consecutive positive week for the FedEx Corporation (FDX). During the week, the FDX gained 4.77 points, or 2.17%, and closed at 224.38 on Friday, June 13, 2025. Weekly volume was 11% above average.

FDX is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

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 198.65 and resistance is at 312.08. 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 downtrend had started on July 16, 2024 at 313.84 and reached 194.30 on April 9, 2025. FDX lost 119.54 points, or 38.09%, in 38 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 174.85 and resistance is at 300.69. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See FDX weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 May 23, 2025 at 214.35 and reached 229.86 on June 11, 2025. FDX gained -15.51 points, or -7.24%, in 19 days. The price is now at the 35.33% retracement level.

Daily Technical Indicators: [See FDX daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.78
Williams' Percentage Range (W%R) 57.30
Lane's Stochastic (%D-Slow) 74.29
Greed/Fear Indicator (GFI) 59.60
Moving Average Converg./Diverg. (MACD) 0.26
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.23
Williams' Percentage Range (W%R) 68.30
Lane's Stochastic (%D-Slow) 55.03
Greed/Fear Indicator (GFI) 44.06
Moving Average Converg./Diverg. (MACD) -13.77
Trading Signals
Description Value Chart
Upper Bollinger Band 229.12
Daily Stochastic Crossing 226.05
Price 224.38
Monthly Trendline Resistance 224.14
Monthly Trendline Support 223.40
Weekly Stochastic Crossing 221.07
20 Day Moving Average 221.03
Parabolic System 217.27
50 Day Moving Average 216.65
Lower Bollinger Band 213.95
Yearly Trendline Support 198.65
Sector and Industry
Description Name Rank
Sector Industrials 9
Industry Air Freight & Logistics 21
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 214.35
Low Date 05/23/2025
High 229.86
High Date 06/11/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 194.30
Low Date 04/09/2025
High 238.41
High Date 05/12/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 224.14
Support 223.40
High 308.50
High Date 11/25/2024
Low 194.30
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 300.69
Support 174.85
High 313.84
High Date 07/16/2024
Low 194.30
Low Date 04/09/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Valid
Resistance 312.08
Support 198.65
Low 88.69
Low Date 03/17/2020
High 319.90
High Date 05/27/2021
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.