
Technical analysis of FedEx Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
FedEx Corporation is an industrial sector company that provides transportation services, e-commerce solutions, and business services in the United States and internationally. Operating through Express U.S. Domestic and Express International segments, it offers logistics services, air and ocean cargo transportation, supply chain management solutions, printing and shipping services, and retail package transportation services. The company was founded in 1971 and is headquartered in Memphis, Tennessee.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
290.42 $
+2.87%
50 sessions
307.78 $
−2.93%
200 sessions
300.66 $
−0.63%
s2
290.24
Support
s1
292.01
Support
pivot
293.65
Pivot
r1
295.42
Resistance
r2
297.05
Resistance
In the October 20, 2026 session FedEx Corporation closed higher at 298.76 $, +1.70% versus the previous session.
The price sits mixed against its moving averages: +2.87% against the 21-session average, −2.93% against the 50 and −0.63% against the 200.
The 14-period RSI reads 53.5, in neutral territory.
MACD stands at -2.666 against a signal line at -4.616: the histogram is positive (+1.949).
ADX reads 36.3, indicating a marked directionality.
Levels computed on the latest session place supports at 292.01 and 290.24 $ and resistances at 295.42 and 297.05 $, around a pivot of 293.65.
The average daily range (ATR) is 6.117 $, or 2.05% of price.
Turnover was 1.1M shares, 78% of the 20-session average.
Over the last twelve months the price ranged between 279.23 and 342.73 $, and today stands −12.83% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is FedEx Corporation analysed technically?
Technical analysis of FedEx Corporation is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for FedEx Corporation?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to FedEx Corporation?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to FedEx Corporation it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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