Tag: FDX

  • This is Why FedEx Just Plunged $33 a Share

    This is Why FedEx Just Plunged $33 a Share

    It took a bit longer than expected. But FedEx (FDX) finally crumbled. As we noted on Dec. 11, “Not only is it struggling at triple-top resistance, it’s overbought on RSI, MACD, and Williams’ %R. From current prices, we believe it could pull back to its 200-day moving average of around $240. We also have to…

  • FedEx Has Become Ridiculously Overbought at Resistance

    FedEx Has Become Ridiculously Overbought at Resistance

    FedEx (FDX) had an incredible year. In fact, since Jan., the FDX stock ran from about $170 to a high of $271.38. And while it could push even higher, it’s likely to drop first.  Not only is it struggling at triple-top resistance, it’s overbought on RSI, MACD, and Williams’ %R. From current prices, we believe…

  • This is Why FedEx Jumped $23 a Share

    This is Why FedEx Jumped $23 a Share

    Beaten down shares of FedEx (FDX) are soaring. All after raising its dividend by 53% to $1.15 from 70 cents.  It’s payable on July 11 to shareholders of record as of June 27.  That’s a yield of about 2.7% at the moment.  The company also added three new directors under an agreement with activist investor…