(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 2024-12-20 View latest technical analysis
10 day averaged volume of Fomento Economico is 429610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 87.30 | 85.12 | 87.52 | 84.73 | 1.045 times |
| 19 Thu Dec 2024 | 84.71 | 86.74 | 87.74 | 84.49 | 1.384 times |
| 18 Wed Dec 2024 | 86.80 | 88.38 | 88.96 | 86.59 | 1.006 times |
| 17 Tue Dec 2024 | 88.43 | 86.82 | 88.76 | 86.56 | 1.213 times |
| 16 Mon Dec 2024 | 86.84 | 88.40 | 88.64 | 86.79 | 1.186 times |
| 13 Fri Dec 2024 | 88.68 | 88.84 | 91.32 | 87.92 | 1.574 times |
| 12 Thu Dec 2024 | 88.55 | 89.39 | 89.64 | 88.10 | 0.718 times |
| 11 Wed Dec 2024 | 89.32 | 89.97 | 90.18 | 88.58 | 0.831 times |
| 10 Tue Dec 2024 | 89.32 | 90.15 | 90.15 | 88.37 | 1.108 times |
| 09 Mon Dec 2024 | 90.68 | 90.93 | 92.49 | 90.67 | 0.952 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 86.6 as stoploss in an intra day buy trade for a target of 88.18. However, stock will show a bearish move below 86.6.
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 84.49 |
| Upside Target | 91.38 |
| Upside Target | 92.49 |
| Upside Target | 94.86 |
| Upside Target | 98.33 |
| Upside Target | 98.58 |
| Upside Target | 100.99 |
| Upside Target | 102.03 |
| Upside Target | 106.06 |
| Upside Target | 114.33 |
Intraday share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Intraday Target | 84.87 |
| Downside Intraday Target | 82.45 |
| Upside Intraday Target | 89.34 |
| Upside Intraday Target | 91.39 |
| Downside Intraday Target | 86.92 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 87.30 | 88.40 | 88.96 | 84.49 | 1.126 times |
| 13 Fri Dec 2024 | 88.68 | 90.93 | 92.49 | 87.92 | 20.667 times |
| 05 Thu Dec 2024 | 90.97 | 87.49 | 91.38 | 86.89 | 0.226 times |
| 26 Tue Nov 2024 | 87.57 | 88.00 | 88.39 | 86.83 | 0.331 times |
| 26 Tue Nov 2024 | 87.57 | 88.07 | 89.57 | 86.83 | 0.367 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 |
| 20 Fri Dec 2024 | 87.30 | 87.49 | 92.49 | 84.49 | 0.39 times |
| 26 Tue Nov 2024 | 87.57 | 97.27 | 98.33 | 86.13 | 0.842 times |
| 31 Thu Oct 2024 | 96.89 | 99.23 | 100.99 | 94.86 | 1.142 times |
| 30 Mon Sep 2024 | 98.71 | 101.99 | 106.06 | 98.58 | 0.763 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 87.93 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 87.93 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.