Our Thoughts on FedEx Corporation ($FDX) (2019-11-14)

REPORTING FOR 2019-11-14 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how FDX has been trading over the last 2 weeks and the past day especially. On its latest session, FedEx Corporation ($FDX) opened at 160.0, reaching a high of 160.01 and a low of 156.15 before closing at a price of 156.23. There was a total volume of 2218915.

VOLUME INDICATORS FOR FEDEX CORPORATION ($FDX): We saw an accumulation-distribution index of 120958.63027, an on-balance volume of 161.22, chaikin money flow of 771.0 and a force index of 30.821. There was an ease of movement rating of -0.02856, a volume-price trend of -0.3259 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR FEDEX CORPORATION ($FDX): We noted an average true range of 2.69964, bolinger bands of 164.97452, an upper bollinger band of 151.93548, lower bollinger band of 156.15, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 158.72, high band keltner channel of 158.71, low band keltner channel of 158.73, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 156.15, a donchian channel low band of 156.15, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR FEDEX CORPORATION ($FDX): We calculated a Moving Average Convergence Divergence (MACD) of 0.10343, a MACD signal of 0.05746, a MACD difference of 0.04597, a fast Exponential Moving Average (EMA) indicator of 156.15, a slow Exponential Moving Average (EMA) indicator of 156.15, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.04866, a trix of 0.27083, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.39022, a KST Oscillator (KST) of -2.49279 and a KST Oscillator (KST Signal) of -2.49279 (leaving a KST difference of 7.36233). We also found an Ichimoku rating of 160.005, an Ichimoku B rating of 160.005, a Ichimoku visual trend A of 159.72383, an Ichimoku visual trend B of 158.4121, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR FEDEX CORPORATION ($FDX): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 51.34588, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -11.27882, a stochastic oscillator of 38600.0, a stochastic oscillator signal of 38600.0, a Williams %R rating of 38500.0 and an awesome oscillator of 0.67317.

RETURNS FOR FEDEX CORPORATION ($FDX): There was a daily return of -0.24928, a daily log return of 2.90955 and a cumulative return of 2.95229.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-14 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for FedEx Corporation ($FDX)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling FedEx Corporation ($FDX) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *