FedEx stock: buy or sell
Updated on:
Jul 29th, 2021
1
FedEx stock brief
- FedEx stock just moved -0.28% to close at $281.83 on the stock market on Wednesday.
- The price is currently under the lower Bollinger band, which often indicates a near-term rebound that you should not try to trade
- FedEx Corporation provides transportation, e-commerce, and business services worldwide.
Should I buy FedEx stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $FDX stock a buy?
Currently, FedEx stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $FDX will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell FedEx stock?
When you own a stock with some profit, it's really difficult to decide the correct moment to sell and get your profits. Trading strategies let us to avoid impulsive decisions based on our sentiments or the buzz that surrounds the market. Our trading system selects very simple strategies to guide us on when is the best time to sell our shares. Be aware that these strategies are not intended for shorting $FDX stock
A golden rule is that you should never hold a trade that results in higher than expected losses by the time of the buy. The timing to sell shares should always be dictated by the stop-loss (automatic or manual)
Is it time to sell FedEx stock?
In the current situation of FedEx there is not any eligible sell setup, so FedEx stock holders with operations in green can keep their positions
FedEx ratings
We don't have any rating published in the last month for FedEx
FedEx stock analysis
SMAs overview
Supports and resistances
The current resistance levels are:
The current support levels are:
Bollinger bands
The evolution of the Bollinger Bands on the chart proves that they are relatively narrow (less than 5%), which clearly indicates that price volatility is low. Reduced volatility is often the antecedent to a sharp movement (up or down), so we must be alert and manage our buy or sell orders properly
Relative strength index
The has been between the the levels of 30 and 70 for several weeks, and therefore, without this indicator really being of any help to us in making any decisions.
FedEx stock price history
FedEx started trading priced at an adjusted price1 of $0.83 on Apr 1978. Since then, FDX stock has risen by 33,855.42%, with an average of 787.34% per year. An investment of thousand dollars at that time would be valued $339,554.22 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for FedEx stock
Nobody can predict how much a stock will be priced in the future. Banks and financial organisations issue their analysis predicting how a particular stock will performance in the future.
The following table shows the price predictions published by brokerage institutions for the last 30 days. Again, these estimates are not direct recommendations for individual investors and should not be trusted blindly.
We don't have any target price posted in the previous 30 days for FedEx.
Earnings and financials
FedEx ($FDX) had the quarterly earnings call and presented the report in late June. Experts were correct in their expectations for FedEx's that reported $5.01 per share. On the other hand, reported sales were $22.6 billion versus estimates of $21.5 billion.
Same quarter last year, reported EPS was $2.53, so current EPS means an improvement of 98.02%. Sales skyrocketed a 30.00% on an annualized basis in the , from $173.6B to $225.7B last quarter.FedEx ($FDX) is presenting quarterly financial report next September. Market forecasts of $5.06, compared to Q4 that was $5.01.
FedEx performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| FedEx ($FDX) | -4.80% | -2.60% | 15.10% |
Disclaimer:
The comments written in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not know the particular positions of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for general educational reasons onlyFedEx summary
| Wednesday, July 28th, 2021 | |
|---|---|
| Open | $284.21 |
| Close | $281.83 |
| Day range | $280.28 - $284.3 |
| Previous close | $282.63 |
| Session gain | -0.28% |
| Average true range | $6.65 |
| 50d mov avg | $298.90 |
| 100d mov avg | $291.14 |
| 200d mov avg | $278.41 |
| Earnings date | September 21st, 2021 |