Using Trading Central's Market Buzz and looking into Top Buzzing ranking to find premarket moves, we have identified FedEx as an interesting choice.
TC Market Buzz has identified Buzzing news volume over the last 24 hours, with 149 mentions.
Overall mentions represent the number of publications in the past 24 hours that mention the subject, along with a descriptor indicating how it compares to the 7-day average.
Into Most Discussed Topics widget, we find “Earnings Announcement” and “Earnings Increase” and “Earnings Above Expectations” as the package delivery service company, gained ground after hours after releasing quarterly earnings that topped estimates. Moreover, the company lifted full-year adjusted EPS forecast.
On the sentiment side, the orientation of the news headlines is signaling a bullish sentiment score of 93 (very negative)
With an above average confidence index reading to back up the sentiment score.
While subjectivity widget is considered as “Low”.
Regarding technical analysis, from a daily point of view, the stock is rebounding. Trading Central Technical Views sees a support at $246.00 with upside targets at $270.00 and $282.00.
Powered by TC Labs, TC Market Buzz helps investors read less and know more, solving today’s infobesity problem. With an interactive and modern design, Buzz shows investors which stocks and topics are “buzzing”, delivering a smarter news experience.
