FEDEX CORP. - 1H - Technical analysis published on 12/26/2024 (GMT)
- 173
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
89%
0%
11%
My opinion
Neutral between 275.73 USD and 283.69 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 283.69 USD. The first support is located at 275.73 USD. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by FEDEX CORP..
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The FEDEX CORP. price is 279.17 USD. The price has increased by +2.56% since the last closing with the lowest point at 270.30 USD and the highest point at 280.30 USD. The deviation from the price is +3.28% for the low point and -0.40% for the high point.270.30
280.30
279.17
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FEDEX CORP.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FEDEX CORP. chart shows a neutral trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 267.33 | 270.90 | 275.73 | 279.17 | 283.69 | 295.88 | 307.01 |
Change (%) | -4.24% | -2.96% | -1.23% | - | +1.62% | +5.99% | +9.97% |
Change | -11.84 | -8.27 | -3.44 | - | +4.52 | +16.71 | +27.84 |
Level | Intermediate | Minor | Major | - | Intermediate | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 264.09 | 265.84 | 269.02 | 270.77 | 273.95 | 275.70 | 278.88 |
Camarilla | 270.83 | 271.29 | 271.74 | 272.19 | 272.64 | 273.09 | 273.55 |
Woodie | 264.80 | 266.20 | 269.73 | 271.13 | 274.66 | 276.06 | 279.59 |
Fibonacci | 265.84 | 267.73 | 268.89 | 270.77 | 272.66 | 273.82 | 275.70 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 241.67 | 256.28 | 266.01 | 280.62 | 290.35 | 304.96 | 314.69 |
Camarilla | 269.04 | 271.27 | 273.50 | 275.73 | 277.96 | 280.19 | 282.42 |
Woodie | 239.22 | 255.06 | 263.56 | 279.40 | 287.90 | 303.74 | 312.24 |
Fibonacci | 256.28 | 265.58 | 271.33 | 280.62 | 289.92 | 295.67 | 304.96 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 238.64 | 253.41 | 277.46 | 292.23 | 316.28 | 331.05 | 355.10 |
Camarilla | 290.83 | 294.38 | 297.94 | 301.50 | 305.06 | 308.62 | 312.18 |
Woodie | 243.27 | 255.73 | 282.09 | 294.55 | 320.91 | 333.37 | 359.73 |
Fibonacci | 253.41 | 268.24 | 277.40 | 292.23 | 307.06 | 316.22 | 331.05 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 62.90 | |
MACD (12,26,9): | 0.5500 | |
Directional Movement: | 19.53 | |
AROON (14): | 85.71 | |
DEMA (21): | 275.00 | |
Parabolic SAR (0,02-0,02-0,2): | 267.81 | |
Elder Ray (13): | 4.09 | |
Super Trend (3,10): | 271.20 | |
Zig ZAG (10): | 280.30 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 91.89 | |
TEMA (21): | 276.39 | |
Williams %R (14): | -1.12 | |
Chande Momentum Oscillator (20): | 14.06 | |
Repulse (5,40,3): | 0.7900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0600 | |
Courbe Coppock: | 3.14 |
MA7: | 274.66 | |
MA20: | 281.63 | |
MA50: | 281.36 | |
MA100: | 279.73 | |
MAexp7: | 276.68 | |
MAexp20: | 274.78 | |
MAexp50: | 275.98 | |
MAexp100: | 278.95 | |
Price / MA7: | +1.64% | |
Price / MA20: | -0.87% | |
Price / MA50: | -0.78% | |
Price / MA100: | -0.20% | |
Price / MAexp7: | +0.90% | |
Price / MAexp20: | +1.60% | |
Price / MAexp50: | +1.16% | |
Price / MAexp100: | +0.08% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on FEDEX CORP.. At the time of publication of this analysis, the latest news was as follows:
- FedEx Reports Second Quarter Diluted EPS of $3.03 and Adjusted Diluted EPS of $4.05
- FedEx Announces Intent to Separate FedEx Freight, Creating Two Industry-Leading Public Companies
- After Record Hurricanes, Delivering on Relief
- Christmas Spirit Delivered One Truckload at a Time
-
Fedex Earnings WHISPERS
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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