Technical Analysis

Longer Term Trading Plans for FDX

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short FDX slightly under 316.89, target n/a, stop loss @ 317.81 Details

The technical summary data is suggesting a short of FDX as it gets near 316.89, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 317.81. 316.89 is the first level of resistance above 314.93, and by rule, any test of resistance is a short signal. In this case, if resistance 316.89 is being tested, so a short signal would exist.

Swing Trading Plans for FDX

• Buy FDX slightly over 316.89, target 319.84, Stop Loss @ 315.97 Details

If 316.89 begins to break higher, the technical summary data tells us to buy FDX just over 316.89, with an upside target of 319.84. The data also tells us to set a stop loss @ 315.97 in case the stock turns against the trade. 316.89 is the first level of resistance above 314.93, and by rule, any break above resistance is a buy signal. In this case, 316.89, 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 316.89, target 312.01, Stop Loss @ 317.81. Details

The technical summary data is suggesting a short of FDX if it tests 316.89 with a downside target of 312.01. We should have a stop loss in place at 317.81 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, 316.89, 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 316.15, target 316.89, Stop Loss @ 315.41 Details

If 316.15 begins to break higher, the technical summary data tells us to buy FDX just over 316.15, with an upside target of 316.89. The data also tells us to set a stop loss @ 315.41 in case the stock turns against the trade. 316.15 is the first level of resistance above 314.93, and by rule, any break above resistance is a buy signal. In this case, 316.15, 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 316.15, target 312.01, Stop Loss @ 316.89. Details

The technical summary data is suggesting a short of FDX if it tests 316.15 with a downside target of 312.01. We should have a stop loss in place at 316.89 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, 316.15, 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.

FDX Technical Summary | Raw Data for the Trading Plans