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Fedex $FDX Investment Analysis

Longer Term Trading Plans for FDX
  • Buy FDX slightly over 222.21 target 253.15 stop loss @ 221.57 Details
  • The technical summary data tells us to buy FDX near 222.21 with an upside target of 253.15. This data also tells us to set a stop loss @ 221.57 to protect against excessive loss in case the stock begins to move against the trade. 222.21 is the first level of support below 251.25 , and by rule, any test of support is a buy signal. In this case, support 222.21 is being tested, a buy signal would exist.

  • Short FDX slightly under 253.15, target 222.21, stop loss @ 253.88 Details
  • The technical summary data is suggesting a short of FDX as it gets near 253.15 with a downside target of 222.21. We should have a stop loss in place at 253.88though. 253.15 is the first level of resistance above 251.25, and by rule, any test of resistance is a short signal. In this case, if resistance 253.15 is being tested, a short signal would exist.

Swing Trading Plans for FDX
  • Buy FDX slightly over 253.15, target 259.03, Stop Loss @ 252.42 Details
  • If 253.15 begins to break higher, the technical summary data tells us to buy FDX just slightly over 253.15, with an upside target of 259.03. The data also tells us to set a stop loss @ 252.42 in case the stock turns against the trade. 253.15 is the first level of resistance above 251.25, and by rule, any break above resistance is a buy signal. In this case, 253.15, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short FDX slightly near 253.15, target 250.48, Stop Loss @ 253.88. Details
  • The technical summary data is suggesting a short of FDX if it tests 253.15 with a downside target of 250.48. We should have a stop loss in place at 253.88 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 253.15, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for FDX
  • Buy FDX slightly over 251.59, target 253.15, Stop Loss @ 251 Details
  • If 251.59 begins to break higher, the technical summary data tells us to buy FDX just slightly over 251.59, with an upside target of 253.15. The data also tells us to set a stop loss @ 251 in case the stock turns against the trade. 251.59 is the first level of resistance above 251.25, and by rule, any break above resistance is a buy signal. In this case, 251.59, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short FDX slightly near 251.59, target 250.48, Stop Loss @ 252.18. Details
  • The technical summary data is suggesting a short of FDX if it tests 251.59 with a downside target of 250.48. We should have a stop loss in place at 252.18 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 251.59, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

This is a snapshot. Real Time Updates are available on our FDX Page.

FDX Ratings for July 08:

Term →Near Mid Long
Rating Neutral Strong Strong
P1 0 0 191.11
P2 248.31 250.48 222.21
P3 251.59 259.03 253.15
Triggers may have already come
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Support and Resistance Plot Chart for FDX

FDX Long Term Analysis for July 8 2023

Blue = Current Price
Red= Resistance
Green = Support

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With an objective approach to Fedex (NYSE: FDX), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for FDX change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if FDX is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for FDX too.  All of these are offered below the Summary Table.