(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 2024-11-08 View latest technical analysis
10 day averaged volume of Fomento Economico is 727520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 96.87 | 96.14 | 97.18 | 95.74 | 0.69 times |
| 07 Thu Nov 2024 | 97.01 | 97.61 | 97.92 | 96.17 | 0.632 times |
| 06 Wed Nov 2024 | 96.66 | 95.38 | 97.79 | 93.32 | 1.097 times |
| 05 Tue Nov 2024 | 96.23 | 97.54 | 97.96 | 95.49 | 0.764 times |
| 04 Mon Nov 2024 | 97.61 | 96.75 | 98.33 | 96.51 | 1.194 times |
| 01 Fri Nov 2024 | 96.74 | 97.27 | 97.52 | 96.32 | 1.056 times |
| 31 Thu Oct 2024 | 96.89 | 95.79 | 97.44 | 95.72 | 0.932 times |
| 30 Wed Oct 2024 | 96.07 | 96.21 | 96.22 | 94.86 | 1.214 times |
| 29 Tue Oct 2024 | 96.80 | 98.57 | 99.75 | 96.38 | 0.861 times |
| 28 Mon Oct 2024 | 98.38 | 97.00 | 100.98 | 96.01 | 1.046 times |
My analysis of stock is bearish for shortterm, and stock might move down till 96.4 or till 95.4. Use a stoploss of 97.26 and if the stock hits stoploss, then it can shoot up till 98.09
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 93.32 |
| Upside Target | 99.15 |
| Upside Target | 100.67 |
| Upside Target | 100.98 |
| Upside Target | 100.99 |
| Upside Target | 102.03 |
| Upside Target | 105.15 |
| Upside Target | 106.06 |
| Upside Target | 114.33 |
| Upside Target | 119.18 |
Intraday share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Intraday Target | 94.02 |
| Downside Intraday Target | 91.16 |
| Upside Intraday Target | 99.03 |
| Upside Intraday Target | 101.18 |
| Downside Intraday Target | 96.17 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 96.87 | 96.75 | 98.33 | 93.32 | 0.857 times |
| 01 Fri Nov 2024 | 96.74 | 97.00 | 100.98 | 94.86 | 0.981 times |
| 25 Fri Oct 2024 | 96.75 | 97.67 | 98.69 | 96.21 | 1.446 times |
| 18 Fri Oct 2024 | 97.88 | 98.37 | 99.15 | 95.84 | 0.863 times |
| 11 Fri Oct 2024 | 98.58 | 99.50 | 100.67 | 97.88 | 1.036 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 |
| 08 Fri Nov 2024 | 96.87 | 97.27 | 98.33 | 93.32 | 0.268 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 |
| 30 Fri Aug 2024 | 102.78 | 110.31 | 114.33 | 102.03 | 1.024 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 in or above 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 96.94 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 in or above 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 96.94 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.