FDX

FedExIndustrials

$314.96-0.21%

Descending Triangle Bearish Flag Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$314.96

MAYJUNJUL

Descending Triangle Detected

A key Descending Triangle has formed on FDX. Analyze the breakout level now.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:3.31

Entry

$304.06

Stop

$322.13

Target

$244.28

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Bearish Flag

Bearish continuation if preceding move was down.

Symmetrical Triangle

Consolidation. Can break either way.

Rectangle

Sideways movement between parallel supports.

Market Analysis

Traders are watching FedEx (FDX) as price action tightens. Price has moved to $314.96 (-0.21%) amidst recent volatility. The primary technical feature is a Bearish Flag formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $304.06, targeting $244.28 with support near $322.13 (R:R 3.31).

Community Sentiment

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