The best indicator for FedEx (FDX)
We backtested 382 indicators across daily, weekly and hourly charts on real FedEx (FDX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
ZLEMA 30 Trend
On the weekly chart, this is the strongest risk-adjusted edge we found for FedEx (FDX) over ~48.3 years — trailing buy-and-hold by 3.3% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for FedEx (FDX) — trailing buy-and-hold by 8.6% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | ZLEMA 30 Trend ✓ | Weekly | 10.4% | 0.58 | -45.2% | 50.0% | 166 | -3.3% |
| 2 | Stoch RSI (fast) ✓ | Weekly | 10.9% | 0.56 | -52.7% | 51.9% | 260 | -2.8% |
| 3 | LSMA 30 Trend ✓ | Weekly | 9.4% | 0.54 | -68.8% | 50.0% | 164 | -4.3% |
| 4 | Momentum ✓ | Weekly | 10.5% | 0.53 | -58.9% | 47.9% | 163 | -3.2% |
| 5 | T3 (Tillson) ✓ | Weekly | 10.1% | 0.53 | -49.5% | 48.3% | 174 | -3.5% |
| 6 | Zero-Lag EMA Cross ✓ | Weekly | 10.0% | 0.53 | -65.4% | 49.5% | 111 | -3.7% |
| 7 | Zero-Lag LSMA ✓ | Weekly | 10.1% | 0.53 | -64.6% | 56.3% | 167 | -3.6% |
| 8 | ZLEMA 10/30 Cross ✓ | Weekly | 10.0% | 0.53 | -65.4% | 49.5% | 111 | -3.7% |
| 9 | Bandpass Oscillator ✓ | Weekly | 10.4% | 0.53 | -81.4% | 56.2% | 112 | -3.3% |
| 10 | ROC (10) ✓ | Weekly | 10.5% | 0.53 | -58.9% | 47.9% | 163 | -3.2% |
| 11 | Momentum (10) ✓ | Weekly | 10.5% | 0.53 | -58.9% | 47.9% | 163 | -3.2% |
| 12 | LSMA 10/30 Cross ✓ | Weekly | 9.8% | 0.52 | -64.8% | 45.1% | 102 | -3.9% |
| 13 | Hull MA 30 Trend ✓ | Weekly | 8.7% | 0.52 | -50.7% | 47.4% | 152 | -4.9% |
| 14 | CCI (14) ✓ | Weekly | 10.3% | 0.52 | -61.2% | 44.4% | 135 | -3.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For FedEx (FDX), ZLEMA 30 Trend on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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