(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 2024-04-25 View latest technical analysis
10 day averaged volume of Fomento Economico is 973230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 115.11 | 115.05 | 115.97 | 113.62 | 1.092 times |
| 24 Wed Apr 2024 | 115.90 | 117.00 | 117.04 | 115.27 | 1.739 times |
| 23 Tue Apr 2024 | 116.38 | 118.87 | 119.44 | 116.07 | 1.022 times |
| 22 Mon Apr 2024 | 118.51 | 119.40 | 120.25 | 117.73 | 1.062 times |
| 19 Fri Apr 2024 | 119.69 | 119.37 | 120.77 | 118.83 | 2.604 times |
| 18 Thu Apr 2024 | 119.07 | 119.86 | 121.04 | 118.64 | 0.871 times |
| 17 Wed Apr 2024 | 118.94 | 120.28 | 120.97 | 118.09 | 0.549 times |
| 16 Tue Apr 2024 | 119.52 | 121.02 | 121.03 | 119.31 | 0.487 times |
| 15 Mon Apr 2024 | 122.96 | 124.52 | 124.80 | 122.78 | 0.46 times |
| 12 Fri Apr 2024 | 124.24 | 124.83 | 125.27 | 122.75 | 0.653 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 118.5, but if it comes above 118.5, then a intra day buy could be more profitable.
If you take a sell trade below 118.5, then use 118.5 as stoploss and 112.5 as target. However if you take a buy trade in stock , then use 118.5 as stoploss and 123.46 as target.
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 113.62 |
| Upside Target | 116.84 |
| Upside Target | 122.75 |
| Upside Target | 128.64 |
| Upside Target | 130.00 |
| Upside Target | 131.11 |
| 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 | 112.4 |
| Downside Intraday Target | 109.7 |
| Upside Intraday Target | 119.03 |
| Upside Intraday Target | 122.96 |
| Upside Intraday Target | 116.33 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 115.11 | 119.40 | 120.25 | 113.62 | 0.989 times |
| 19 Fri Apr 2024 | 119.69 | 124.52 | 124.80 | 118.09 | 1.652 times |
| 12 Fri Apr 2024 | 124.24 | 128.90 | 130.00 | 122.75 | 1.072 times |
| 05 Fri Apr 2024 | 128.47 | 130.72 | 131.11 | 124.62 | 1.46 times |
| 28 Thu Mar 2024 | 130.27 | 129.94 | 131.56 | 128.64 | 0.326 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 |
| 25 Thu Apr 2024 | 115.11 | 130.72 | 131.11 | 113.62 | 0.987 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Fomento Economico in short term and the sell signal is strong.
Fomento Economico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fomento Economico in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Fomento Economico is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 118.48 and Fomento Economico (FMX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Fomento Economico in short term and the sell signal is strong.
Fomento Economico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fomento Economico in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Fomento Economico is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 118.48 and Fomento Economico (FMX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.