Head & Shoulders TopNeckline ~318.96 has broken. Measured-move risk extends toward ~224.05; a fast reclaim of 318.96 would be a failed breakdown (often bullish).
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Triggers when price crosses your target during market hours or after the next daily scan. Delivered via email and Telegram (if linked in Account).
Historical record
No active setup in the latest scan — this page shows the last detection Legend AI made for $FDX.
Every level, score and criterion below is computed from the Sep 10 close session (1 session old), and may no longer hold.
Historical verdict · setup score 0/100 · data Sep 10 close · 1 session old
Stand aside — setup invalidated
Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.
Next earnings
Wednesday, September 16, 2026Report time not confirmed by the source
Ordinary position sizing suppressed.
Earnings are less than three full trading sessions away; treat the gap as event risk, not ordinary stop-distance risk.
Deterministic evidence
FDX+0.84%
Broad market · SPY-0.60%
Same completed session window ending 2026-09-10.
+1.44 points vs SPY.
QQQ, SMH moved against the stock — no index confirmation.
A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
3 of 6 legends are Watching — building, not yet a confirmed buy.
Fundamentals & leadership quality — Minervini’s published criteria · 1/7 met
D
1/7 criteria
Separate score from the Minervini Trend Template (4/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
Livermore B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Treat the resistance break as a pivotal point only while the primary trend and relative strength remain aligned. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Wait for price and volume to confirm the pivotal-point break; anticipation below the line is not confirmation. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Place the initial stop below the pivotal line or the reaction low that would prove the breakout false. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Raise protection beneath successive higher reaction lows as the trend advances; never move a protective line farther away. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price fails the pivotal line, breaks the latest meaningful reaction low, or shows abnormal reversal action. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
Possible inverse head & shoulders — not confirmed. Watch for a daily close above ~340.12 (neckline) to confirm, with a measured move toward ~377.23. A drop under the right shoulder near 324.30 weakens the structure; a close below the head near 303.00 invalidates it.
Confirms above340.12
Invalidates at303.00
Left Shoulder318.96
Head303.00
Right Shoulder324.30
Neckline340.12
Target377.23
LS 318.96 / head 303.00 / RS 324.30, neckline ~340.12, 8.3% below confirmation
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✗
Price above SMA 150 & 200$311.80 vs SMA150 $349.48 / SMA200 $336.28
✓
SMA 150 above SMA 200SMA150 $349.48 vs SMA200 $336.28
✓
SMA 200 trending upSlope +6.90 over 20 days
✗
SMA 50 above SMA 150 & 200SMA50 $319.00
✗
Price above SMA 50$311.80 vs SMA50 $319.00
✓
30%+ above 52-week low+40.2% from $222.32
✓
Within 25% of 52-week high-24.7% from $413.87
✗
RS score above 70RS 17
Fundamentals
52W Range
47%
Mkt Cap SEC
76.3B
Rev YoY
+8%
EPS TTM
$18.55
P/E TTM
16.8x
Float
237M
Company
Company profile
FedEx Corporation
FDX · NYSE
· Transportation
· Air Freight/Couriers