(FMX) Fomento Economico complete technical analysis [charts+indicators] | Buy/Sell Fomento Economico | (FMX) share price targets
Complete technical analysis of Fomento Economico (FMX) by charts plus indicators, forecast predictions and share price targets for Fomento Economico (FMX)
Fomento Economico trades in USA in Consumer Non Durables sector.
Showing technical analysis as on 2024-04-04 View latest technical analysis
10 day averaged volume of Fomento Economico is 593530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 128.39 | 125.67 | 129.29 | 125.48 | 0.836 times |
| 03 Wed Apr 2024 | 125.19 | 128.46 | 128.64 | 124.62 | 1.399 times |
| 02 Tue Apr 2024 | 128.32 | 128.40 | 129.59 | 128.07 | 1.083 times |
| 01 Mon Apr 2024 | 129.65 | 130.72 | 131.11 | 128.96 | 0.761 times |
| 28 Thu Mar 2024 | 130.27 | 130.64 | 131.10 | 129.77 | 0.552 times |
| 27 Wed Mar 2024 | 130.25 | 130.80 | 131.07 | 129.82 | 0.624 times |
| 26 Tue Mar 2024 | 130.55 | 128.64 | 131.56 | 128.64 | 1.2 times |
| 25 Mon Mar 2024 | 129.20 | 129.94 | 130.25 | 128.94 | 0.778 times |
| 22 Fri Mar 2024 | 129.53 | 129.78 | 131.45 | 129.43 | 1.189 times |
| 21 Thu Mar 2024 | 130.38 | 129.12 | 131.19 | 127.97 | 1.423 times |
My analysis of stock is bullish for shortterm, and stock might move up till 130 or till 133.7. Use a stoploss of 126.95 and if this stock hits its stoploss, then it can fall down till 123.87
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 116.84 |
| Downside Target | 120.17 |
| Downside Target | 124.62 |
| Upside Target | 128.64 |
| Upside Target | 131.11 |
| Upside Target | 131.45 |
| Upside Target | 131.56 |
| Upside Target | 133.62 |
| Upside Target | 138.47 |
| Upside Target | 143.43 |
Intraday share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Intraday Target | 124.97 |
| Downside Intraday Target | 121.55 |
| Upside Intraday Target | 131.46 |
| Upside Intraday Target | 134.53 |
| Downside Intraday Target | 128.04 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 128.39 | 130.72 | 131.11 | 124.62 | 1.294 times |
| 28 Thu Mar 2024 | 130.27 | 129.94 | 131.56 | 128.64 | 0.326 times |
| 22 Fri Mar 2024 | 129.53 | 128.40 | 131.45 | 125.32 | 1.393 times |
| 15 Fri Mar 2024 | 127.98 | 121.24 | 130.13 | 120.96 | 1.229 times |
| 08 Fri Mar 2024 | 121.99 | 124.07 | 125.18 | 120.17 | 0.686 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Fomento Economico (FMX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 128.39 | 130.72 | 131.11 | 124.62 | 0.156 times |
| 28 Thu Mar 2024 | 130.27 | 124.39 | 131.56 | 120.17 | 1.012 times |
| 29 Thu Feb 2024 | 124.24 | 135.96 | 143.43 | 116.84 | 1.449 times |
| 31 Wed Jan 2024 | 135.54 | 129.53 | 138.47 | 125.60 | 1.461 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Fomento Economico (FMX)
Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Fomento Economico ( (FMX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Fomento Economico stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Fomento Economico in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fomento Economico Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fomento Economico in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Fomento Economico is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 129 and Fomento Economico (FMX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Fomento Economico (FMX) stock. Volume based technical analysis of Fomento Economico (FMX) stock is negative.
Fomento Economico Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Fomento Economico ( (FMX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Fomento Economico stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Fomento Economico in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fomento Economico Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fomento Economico in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Fomento Economico is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 129 and Fomento Economico (FMX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Fomento Economico (FMX) stock. Volume based technical analysis of Fomento Economico (FMX) stock is negative.
Fomento Economico Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.