The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend 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. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

Archive
- 5/15/2026 -
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FedEx Corporation (FDX) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :The price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the FedEx Corporation (FDX). During the week, the FDX gave back -2.80 points, or -0.74%, and closed at 375.78 on Friday, May 15, 2026. Weekly volume was -36% 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 404.03 on April 30, 2026. FDX gained -315.34 points, or -355.55%, in 319 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (217.30) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See FDX medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 341.25 and reached 404.03 on April 30, 2026. FDX gained -62.78 points, or -18.40%, in 4 weeks. The price is now at the 45.00% retracement level.

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

The weekly MACD line is below its signal line since May 1, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See FDX short-term trend chart]
A short-term downtrend had started on April 30, 2026 at 404.03 and reached 354.14 on May 4, 2026. FDX lost 49.89 points, or 12.35%, in 4 days. The price is now at the 43.38% retracement level.

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

The daily MACD line is below its signal line since May 1, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has declined below 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.57
Williams' Percentage Range (W%R) 54.70
Lane's Stochastic (%D-Slow) 56.14
Greed/Fear Indicator (GFI) 48.68
Moving Average Converg./Diverg. (MACD) 2.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.12
Williams' Percentage Range (W%R) 23.20
Lane's Stochastic (%D-Slow) 68.26
Greed/Fear Indicator (GFI) 64.65
Moving Average Converg./Diverg. (MACD) 29.19
Trading Signals
Description Value Chart
Upper Bollinger Band 399.72
Parabolic System 391.96
Weekly Stochastic Crossing 384.24
20 Day Moving Average 382.58
Daily Stochastic Crossing 375.87
Price 375.78
50 Day Moving Average 369.51
Lower Bollinger Band 355.41
Yearly Trendline Resistance 310.30
Sector and Industry
Description Name Rank
Sector Industrials 4
Industry Air Freight & Logistics 68
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 404.03
High Date 04/30/2026
Low 354.14
Low Date 05/04/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 341.25
Low Date 03/30/2026
High 404.03
High Date 04/30/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 194.30
Low Date 04/09/2025
High 404.03
High Date 04/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 141.92
Low Date 09/27/2022
High 404.03
High Date 04/30/2026
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 310.30
Support 217.30
Low 88.69
Low Date 03/17/2020
High 404.03
High Date 04/30/2026
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.