FedEx Corp (Germany) Technical Analysis

FDX Stock  EUR 253.95  0.65  0.26%   
As of the 24th of April, FedEx Corp shows the Coefficient Of Variation of 1008.04, downside deviation of 1.47, and Mean Deviation of 1.11. FedEx Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for FedEx Corp, which can be compared to its peers. Please confirm FedEx Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if FedEx Corp is priced favorably, providing market reflects its regular price of 253.95 per share.

FedEx Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FedEx, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FedEx
  
FedEx Corp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
FedEx Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of FedEx Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FedEx Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

FedEx Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of FedEx Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

FedEx Corp Trend Analysis

Use this graph to draw trend lines for FedEx Corp. You can use it to identify possible trend reversals for FedEx Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual FedEx Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

FedEx Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for FedEx Corp applied against its price change over selected period. The best fit line has a slop of   0.72  , which means FedEx Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 19792.17, which is the sum of squared deviations for the predicted FedEx Corp price change compared to its average price change.

About FedEx Corp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of FedEx Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of FedEx Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on FedEx Corp price pattern first instead of the macroeconomic environment surrounding FedEx Corp. By analyzing FedEx Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of FedEx Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to FedEx Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.

FedEx Corp April 24, 2024 Technical Indicators

Most technical analysis of FedEx help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for FedEx from various momentum indicators to cycle indicators. When you analyze FedEx charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

FedEx Corp April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as FedEx stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for FedEx Stock analysis

When running FedEx Corp's price analysis, check to measure FedEx Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FedEx Corp is operating at the current time. Most of FedEx Corp's value examination focuses on studying past and present price action to predict the probability of FedEx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx Corp's price. Additionally, you may evaluate how the addition of FedEx Corp to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Commodity Directory
Find actively traded commodities issued by global exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Please note, there is a significant difference between FedEx Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FedEx Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FedEx Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.