FDX
- FedEx stock has a support level at $258.40, which may present buying opportunities when tested.
The stock is known for its controlled movements and low liquidity risk.
Daily volatility is around 2.19%, while weekly volatility averages 2.33%.
No specific stop-loss recommendation is provided at this time.
Trading Expectations for Monday, 25th:
FedEx is expected to open at $261.64.
During the trading day, the stock may range between $255.63 and $266.55, with a potential range of +/- $5.46 (+/- 2.09%).
Given its proximity to the resistance at $261.85 (0.29%) compared to the support at $258.40 (1.03%), it's advised to consider trades closer to the support level.
Insider Trading Activity:
Insiders have been selling more shares (608.98 thousand) than buying (497.45 thousand) in the last 100 trades, indicating a preference for selling.
Is FedEx Corporation stock a Buy?
FedEx currently exhibits negative signals and is expected to perform weakly in the short term.
The stock's analysis conclusion has been downgraded from Hold/Accumulate to a Sell candidate due to some technical weaknesses.