Trading Signals: FDX Stock Price Prediction and Forecast

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Thu. Apr. 6, 2023

Trading Signals: FDX Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Fri. Dec. 22, 2023)

(FedEx Corporation)
FDX latest price $232.1000 (0.94%) ($230.9700 - $235.8100) on Thu. Apr. 6, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.03% (three month average)
RSI   67
Latest Price   $232.1000(0.94%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FDX advances 0.7% a day on average for past five trading days.
Weekly Trend   FDX advances 2.6% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support FDX advance at 0% a week (0% probability)
IYT(66%)    IVE(56%)    IWD(55%)    XLI(53%)    PEJ(52%)
Factors Impacting FDX price   FDX will decline at least -1.015% in a week (0% probabilities).
VXX(-42%)    VIXM(-38%)    UUP(-13%)    SHY(-13%)    GLD(-12%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.015% (StdDev 2.03%)
Hourly BBV 0.8 ()
Intraday Trend 0.5%

5 Day Moving Average   $229.17(1.28%)
10 Day Moving Average   $225.45(2.95%)
20 Day Moving Average   $217.55(6.69%)
To recent high   0%
To recent low   26.1%
Market Cap   $60.8b

FedEx Corp. is a holding company, which engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other, and Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment focuses on small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight services across all lengths of haul. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions. The Corporate, Other, and Eliminations segment includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the company's core business. The company was founded by Frederick Wallace Smith on June 18, 1971 and is headquartered in Memphis, TN.

$. FDX price fluctuates within 5.13% (three month std-dev: 2.03%) daily (68% of days).

Sample size 50 Average positive next day return: 1.59%(56%) Average negative next day return: -2.37%(44%) Sample size 50 Average positive next three day return: 3.12%(52%) Average negative next three day return: -2.46%(48%) Sample size 50 Average positive next weekly return: 3.79%(54%) Average negative next weekly return: -2.95%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230506

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_6_2023	195.27	217.55	225.45	229.17	229.64	231.92	232.1(0.94%)	UT	OpenLong	75	0.3	100	80	95	115	3.67	80%	0.32	49.7	2.03%	0.8	1.3	67	0.4
2	Apr_5_2023	194.64	216.3	223.93	227.63	228.26	229.18	229.93(1.52%)	UT	HoldLong	65	0.2	85	40	76	113	6.6	80%	0.29	48.7	2.04%	0.8	1.3	80	0.4
3	Apr_4_2023	194.08	215.23	222.63	226.37	226.52	227.36	226.49(-1.03%)	UD	OpenLong	75	0	44	30	21	111	1.75	81%	0.28	49.7	2.04%	-0.6	1.1	83	0.3
4	Apr_3_2023	193.54	214.2	221.94	225.16	225.47	227.34	228.84(0.15%)	UT	HoldLong	65	0.4	94	60	74	153	1.98	82%	0.29	49.8	2.05%	1.2	1.5	81	0.1
5	Mar_31_2023	192.98	213.19	220.65	223.36	223.71	225.69	228.49(1.82%)	UT	HoldLong	65	0.5	111	70	90	173	1.65	82%	0.34	51	2.06%	1.9	1.6	81	0.1

6	Mar_30_2023	192.33	212.15	219.74	221.18	221.7	223.59	224.4(0.34%)	UT	OpenLong	75	0.4	104	70	79	179	1.65	82%	0.36	51.1	2.07%	0.8	1.4	73	-0.1
7	Mar_29_2023	191.64	211.23	217.8	219.69	219.8	221.73	223.65(1.46%)	UT	OpenLong	75	0.5	91	60	68	161	1.67	82%	0.35	49.6	2.08%	1.4	1.5	63	-0.2
8	Mar_28_2023	190.97	210.22	215.11	218.37	218.71	219.81	220.44(0.28%)	UT	OpenLong	75	0.3	71	40	51	130	1.36	78%	0.33	48.9	2.08%	0.6	1.3	59	-0.3
9	Mar_27_2023	190.34	209.33	212.95	218.25	218.42	217.88	219.82(1.02%)	UT	OpenLong	75	0.2	31	-10	7	102	1.87	78%	0.35	49.3	2.11%	1.2	1.4	61	-0.5
10	Mar_24_2023	189.68	208.51	210.77	217.53	218.57	217.61	217.6(0.31%)	N/A	N/A	0	0	-13	-20	-39	65	1.77	78%	0.35	45.3	2.11%	-0.9	1.2	56	-0.6

11	Mar_23_2023	189.02	207.77	209.13	218.07	218.93	218.95	216.92(-0.06%)	UD	OpenLong	65	-0.2	5	10	-17	70	2.58	78%	0.34	44.4	2.12%	-2.6	1.3	56	-0.8
12	Mar_22_2023	188.38	207.14	208.13	215.5	219.95	219.54	217.06(-1.26%)	UD	OpenLong	75	0.2	102	50	103	100	2.19	80%	0.33	30.5	2.12%	0.4	1.5	58	-0.8
13	Mar_21_2023	187.76	206.39	207.25	211.15	215.12	218.9	219.83(1.66%)	UT	OpenLong	75	1.4	72	180	75	62	2.01	81%	0.33	6.8	2.15%	0.4	2.1	62	-0.8
14	Mar_20_2023	187.14	205.6	205.75	206.76	208.69	220.36	216.24(-1.85%)	UD	OpenLong	75	1.6	248	420	291	119	3.33	77%	0.31	-18.6	2.18%	0.3	1.8	61	-1
15	Mar_17_2023	186.56	205.22	204.96	202.99	203.84	211.33	220.31(7.97%)	UT	OpenLong	75	3.2	363	270	432	155	12.65	77%	0.36	-38.8	2.19%	1.2	2.8	64	-1.3

16	Mar_16_2023	185.9	204.67	203.61	199.16	197.43	197.03	204.05(4.48%)	DP	OpenShort	-65	1.1	-10	-40	1	-43	5.05	74%	0.26	-69	1.98%	1.7	-0.1	52	-1.2
17	Mar_15_2023	185.42	205.08	203.87	199.92	198.26	196.35	195.3(-1.31%)	DT	OpenShort	-75	-1	-108	-90	-116	-84	2.66	71%	0.22	-56.8	1.91%	-0.9	-2.1	37	-1.5
18	Mar_14_2023	185.01	205.96	204.88	202.77	202.26	197.82	197.89(0.25%)	DP	OpenShort	-75	-1.1	-91	-160	-103	-53	2.58	71%	0.24	-41.3	1.94%	-1.3	-1.8	45	-1.6
19	Mar_13_2023	184.56	206.67	205.52	204.45	204.47	200.16	197.39(-1.89%)	DT	OpenShort	-75	-1.7	-191	-150	-224	-91	2.27	71%	0.25	-32.3	1.94%	-1	-2.3	40	-2
20	Mar_10_2023	184.1	207.31	206.3	207	207.24	206.7	201.19(-3.19%)	DT	OpenShort	-75	-1.7	-72	-10	-88	-23	2.53	71%	0.29	-24.1	1.93%	-1.5	-1.7	38	-2.3

21	Mar_9_2023	183.57	207.71	206.6	208.58	208.92	208.78	207.83(-0.82%)	UD	OpenLong	75	-0.2	31	0	32	28	1.95	76%	0.31	-21.3	1.9%	-0.1	0	42	-2.6
22	Mar_8_2023	183	207.79	206.33	208.4	208.62	207.78	209.54(1.56%)	DP	OpenShort	-75	0.4	-15	-30	-18	-5	1.07	76%	0.31	-12.8	1.89%	0.2	0.5	42	-3
23	Mar_7_2023	182.44	207.78	205.65	207.36	207.98	209.06	206.32(-1.81%)	N/A	N/A	0	-0.3	1	50	7	-17	1.53	76%	0.28	0	1.89%	-1.4	-0.4	37	-4.4
24	Mar_6_2023	181.93	207.99	205.57	206.74	207.03	209.46	210.13(0.5%)	UT	OpenLong	75	1	76	90	99	5	2.15	76%	0.31	31	1.87%	0.9	0.7	45	0.3
25	Mar_3_2023	181.37	208.17	205.49	205.52	205.51	206.9	209.08(1.04%)	RB	SmallLong	20	1	56	50	79	-12	1.61	76%		50.3	1.91%	1.7	0.3	49	0.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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