FDX Stock Tickeron detected bearish Stock Pattern: Triple Tops on June 21, 2024

A.I.dvisor
at Tickeron.com
06/22/24
Loading...
Triple Tops
FDX - FedEx Corp
Emerged: 06/21/24
Breakout: $246.2
Price: $252.52
Target price: $238.57
A.I.dvisor detected a bearish Triple Tops pattern for FDX stock. This pattern was detected on June 21, 2024 . The odds of reaching the target price are 6. The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5). Consider selling the security short or buying a put option at a downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
View a ticker or compare two or three
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

provider of a broad portfolio of transportation, e-commerce and business services under the FedEx brand

Industry AirFreightCouriers

Profile
Fundamentals
Details
Industry
Air Freight Or Couriers
Address
942 South Shady Grove Road
Phone
+1 901 818-7500
Employees
536000
Web
https://www.fedex.com