FedEx Corp

FDX is in a Stage 4 markdown phase following a decisive support failure below the ~$310 horizontal zone, with price trading beneath declining 9-, 20-, and 50-day EMAs. The medium-term bias is firmly bearish, reinforced by sequential lower highs and lower lows and rejection at overhead EMAs. Short-term execution favors sell participation on rallies into down-sloping EMAs amid oversold RSI. The long-term uptrend remains intact as the 200-day SMA still slopes upward, though a sustained break below would threaten structural support.

• ↑Revenue up 8% YoY to $93.5B in FY26; adjusted EPS guided $16.90–18.10.
• ↑Network 2.0 optimization has delivered ~$1B in savings, targeting $2B by FY27.
• ↓International freight volumes hit by Asia–US lane disruptions, risking revenue.