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FedEx Makes Notable Cross Below Critical Moving Average

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In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 per share. FedEx shares are currently trading down about 14.7% on the day.

Start slideshow: 10 Stocks Crossing Below Their 200 Day Moving Average »

The chart below shows the one year performance of FDX shares, versus its 200 day moving average:

Looking at the chart above, FDX’s low point in its 52 week range is $224.69 per share, with $313.84 as the 52 week high point — that compares with a last trade of $255.49. The FDX DMA information above was sourced from TechnicalAnalysisChannel.com

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