Fedex (FDX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for FDX · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$313.34last close · Aug 4, 202652-week range $174.13 – $345.37 · 9.27% below the high

FDX Bullish Pennant Pattern

FDX is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $356.52 (+14.0%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; FDX's own bullish pennants have hit 60.0%.

DirectionBullishTarget$356.52Projected move+14.0%Breakout level$314.15

New to this pattern? What a bullish pennant is and how to trade it →

FDX's Most Recent Falling Wedge Trade

FDX's most recent completed falling wedge resolved as a win: it broke higher on Apr 9, 2026 near $301.28, then reached its target at $324.46 on Jun 3, 2026 — a +0.88R move (7.7%) over 38 sessions. Across 169 backtested falling wedges, this setup wins 50.9% of the time.

OutcomeWinResult+0.88REntry$301.28Exit$324.46

Learn about falling wedge

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
FDX win rate
60.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

FDX Pattern Trade History

Every completed pattern trade our nightly backtest found on FDX's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeApr 9, 2026 @ $301.28Jun 3, 2026 @ $324.46Win+0.88R
Rising WedgeDec 10, 2025 @ $227.46Jan 16, 2026 @ $248.33Win+1.59R
Rising WedgeDec 2, 2025 @ $219.98Dec 10, 2025 @ $229.10Loss-2.92R
TriangleSep 23, 2025 @ $186.97Nov 19, 2025 @ $211.58Win+2.85R
TriangleSep 17, 2025 @ $187.32Nov 19, 2025 @ $211.58Win+2.70R
TriangleSep 2, 2025 @ $182.10Oct 1, 2025 @ $193.03Loss-1.12R
TriangleJun 25, 2025 @ $176.13Jul 1, 2025 @ $188.82Loss-1.12R
Falling WedgeMar 28, 2025 @ $197.05Apr 3, 2025 @ $173.94Loss-1.05R
Falling WedgeMar 21, 2025 @ $177.12Apr 4, 2025 @ $169.83Win+0.30R
Falling WedgeJan 27, 2025 @ $222.59Jan 31, 2025 @ $213.43Loss-1.39R
Rising WedgeNov 6, 2024 @ $226.24Nov 20, 2024 @ $232.10Win+0.65R
Bullish PennantSep 16, 2024 @ $235.80Sep 20, 2024 @ $205.19Loss-2.58R

FDX Support and Resistance Levels

On the weekly chart, the nearest level worth watching is a ceiling overhead near $397.55 — where price has stalled before.

  • There's no clear floor close by yet, so this one line is the main thing to watch — a ceiling often acts like a lid.
  • Watch how price behaves as it approaches $397.55 — that's where the next read tends to form.

Nearest auto-detected resistance near $316.71. These are chart/swing-derived levels, not formula pivots.

Resistance
$316.71$326.39$332.71$342.44$410.73

FDX Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$310.25$314.96$307.81$313.34
Aug 3, 2026$307.52$310.55$306.91$309.24
Jul 31, 2026$311.01$311.45$306.98$307.40
Jul 30, 2026$311.28$311.33$304.18$308.55
Jul 29, 2026$312.00$312.85$307.66$308.61
Jul 28, 2026$310.85$313.75$303.00$312.64
Jul 27, 2026$314.50$315.99$308.71$310.79
Jul 24, 2026$316.04$318.56$314.00$314.96
Jul 23, 2026$319.97$321.50$314.31$315.62
Jul 22, 2026$313.58$322.13$313.50$321.02

FDX Frequently Asked Questions

What chart pattern is FDX forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Fedex (FDX) on the daily chart, with a measured-move target of $356.52.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on FDX is a bullish pattern, projecting a measured-move target of $356.52. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for FDX?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), FDX's nearest support is around n/a and nearest resistance around $316.71.
What is the price target if FDX's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $356.52 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was FDX's closing price on Aug 4, 2026?
Fedex (FDX) last closed at $313.34 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.