InPost: FedEx-led $9 Billion Takeover Offer Valid from May 26 to July 27

FedEx's $9 billion takeover offer for InPost could be perceived as a positive signal for the company's valuation. Technical indicators support this view: the RSI at 64.8 is not yet in overbought territory, the MACD is above its signal line and positive, and the price is trading above both the 20-day and 50-day moving averages. The 5.4% rise in the last 24 hours may reflect an early reaction to the news. However, the long validity period of the offer and regulatory approval uncertainties could limit excessive optimism in the short term.

GOOGL shares closed down 2.73% at $387.66. The RSI has fallen to 43.6, below the neutral zone, while the MACD remains negative and below its signal line. Although the stock is trading just above its 20-day SMA ($387.95), it remains below the 50-day SMA ($394.38). The news headline relates to InPost and FedEx and does not directly impact GOOGL; however, overall market sentiment and technical weakness could exert downward pressure in the near term. Therefore, a short-term bearish trend is expected.