Technical Analysis Perspective: FedEx Corporation (FDX), The Travelers Companies, Inc. (TRV)

FedEx Corporation (NYSE:FDX) traded at an unexpectedly low level on 10/12/2017 when the stock experienced a 1.07% gain to a closing price of $225.06. The company saw 1.18 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 1.27 million shares a day, this signifies a pretty significant change over the norm.

FedEx Corporation (FDX) Analyst Gushes

Analysts are speculating a 15.52% move, based on the high target price ($260) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $231.71 price target, but the stock is already up 33.96% from its recent lows. However, the stock is trading at -0.85% versus recent highs ($227). Analysts believe that we could see stock price minimum in the $144 range (lowest target price), allowing for another -36.02% drop from its current position. Leading up to this report, we have seen a 4.68% rise in the stock price over the last 30 days and a 2.74% increase over the past 3 months. Overall, the share price is up 20.87% so far this year. Additionally, FDX had a day price range of $222.31 to $225.83.

FedEx Corporation (FDX) Price Potential

Heading into the stock price potential, FedEx Corporation needs to grow just 4.42% to cross its median price target of $235. In order to determine directional movement, the 50-day and 200-day moving averages for FedEx Corporation (NYSE:FDX) are $216.65 and $205.65. Given that liquidity is king in short-term, FDX is a stock with 267.8 million shares outstanding that normally trades 0.02% of its float. The stock price recently experienced a 5-day gain of 1.56% with 2.89 average true range (ATR). FDX has a beta of 1.39 and RSI is 65.91.

The Travelers Companies, Inc. (NYSE:TRV)’s Lead Over its Technicals

On the other hand, The Travelers Companies, Inc. by far traveled 21.75% versus a 1-year low price of $103.45. The share price was last seen 0.27% higher, reaching at $125.95 on Oct. 12, 2017. At recent session, the prices were hovering between $125.46 and $126.5. This company shares are -0.12% up from its target price of $125.8 and the current market capitalization stands at $34.6B. The recent change has given its price a 1.37% lead over SMA 50 and -3.39% deficit over its 52-week high. The stock witnessed 3.65% gains, 0.18% gains and 4.5% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TRV’s volatility during a week at 0.85% and during a month it has been found around 1.09%.

The Travelers Companies, Inc. (NYSE:TRV) Intraday Metrics

The Travelers Companies, Inc. (TRV) exchanged hands at an unexpectedly low level of 0.95 million shares over the course of the day. Noting its average daily volume at 1.54 million shares each day over the month, this signifies a pretty significant change over the norm.

The Travelers Companies, Inc. Target Levels

The market experts are predicting a 11.16% rally, based on the high target price ($140) for The Travelers Companies, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $110 range (lowest target price). If faced, it would be a -12.66% drop from its current position. Overall, the share price is up 2.88% year to date.

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