FDX Fedex Daily Chart

FDX Fedex chart shows the negative divergence spank down in February; the chart was weakening from December. The 97 gap is big enough to drive a truck thru, so perhaps price will fill that since it is nearby, but, on the other hand, that doji candle may be advertising a move down now. The 93 level is critical support.

20 MA is under 50 MA which is bearish. Weekly chart has flattened and is rolling over so this reinforces a sideways to sideways down projection for FDX moving forward. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.