(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 2024-09-12 View latest technical analysis
10 day averaged volume of Fomento Economico is 856596
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 103.25 | 101.72 | 103.80 | 101.11 | 0.485 times |
| 11 Wed Sep 2024 | 101.36 | 100.11 | 101.42 | 99.59 | 0.442 times |
| 10 Tue Sep 2024 | 99.72 | 101.78 | 102.24 | 99.28 | 0.473 times |
| 09 Mon Sep 2024 | 102.19 | 102.06 | 103.15 | 101.85 | 0.425 times |
| 06 Fri Sep 2024 | 101.96 | 102.41 | 102.77 | 100.98 | 1.349 times |
| 05 Thu Sep 2024 | 102.06 | 103.06 | 103.74 | 101.59 | 1.028 times |
| 04 Wed Sep 2024 | 102.89 | 100.08 | 104.30 | 100.08 | 0.71 times |
| 03 Tue Sep 2024 | 100.56 | 101.99 | 102.65 | 100.10 | 0.843 times |
| 30 Fri Aug 2024 | 102.78 | 103.90 | 104.34 | 102.03 | 1.915 times |
| 30 Fri Aug 2024 | 102.78 | 103.90 | 104.34 | 102.03 | 1.915 times |
My analysis of stock is bearish for shortterm, and stock might move down till 101.1 or till 96.5. Use a stoploss of 104.87 and if the stock hits stoploss, then it can shoot up till 108.67
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 99.28 |
| Upside Target | 105.15 |
| Upside Target | 106.50 |
| Upside Target | 108.44 |
| Upside Target | 114.13 |
| Upside Target | 114.33 |
| Upside Target | 114.49 |
| Upside Target | 115.32 |
| Upside Target | 119.18 |
| Upside Target | 123.09 |
Intraday share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Intraday Target | 100.42 |
| Downside Intraday Target | 97.59 |
| Upside Intraday Target | 104.94 |
| Upside Intraday Target | 106.63 |
| Downside Intraday Target | 102.11 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 103.25 | 102.06 | 103.80 | 99.28 | 0.465 times |
| 06 Fri Sep 2024 | 101.96 | 101.99 | 104.30 | 100.08 | 2.052 times |
| 30 Fri Aug 2024 | 102.78 | 103.90 | 104.34 | 102.03 | 0.315 times |
| 30 Fri Aug 2024 | 102.78 | 108.44 | 108.44 | 102.03 | 1.561 times |
| 23 Fri Aug 2024 | 107.98 | 113.48 | 114.13 | 106.50 | 1.286 times |
Price has moved up 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 |
| 12 Thu Sep 2024 | 103.25 | 101.99 | 104.30 | 99.28 | 0.291 times |
| 30 Fri Aug 2024 | 102.78 | 110.31 | 114.33 | 102.03 | 1.024 times |
| 31 Wed Jul 2024 | 110.25 | 107.58 | 119.18 | 105.15 | 1.195 times |
| 28 Fri Jun 2024 | 107.65 | 112.62 | 115.32 | 104.91 | 1.139 times |
Scroll below to view daily charts
Price has moved up 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 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 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 and BUY 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
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 102.18 and Fomento Economico (FMX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 and BUY 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
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 102.18 and Fomento Economico (FMX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.