(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 2024-11-26 View latest technical analysis
10 day averaged volume of Fomento Economico is 669750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 87.57 | 88.00 | 88.39 | 86.83 | 0.713 times |
| 25 Mon Nov 2024 | 88.50 | 88.07 | 89.57 | 87.58 | 1.442 times |
| 22 Fri Nov 2024 | 87.14 | 86.81 | 87.22 | 86.39 | 1.313 times |
| 21 Thu Nov 2024 | 86.64 | 86.57 | 87.54 | 86.13 | 1.244 times |
| 20 Wed Nov 2024 | 86.91 | 88.92 | 89.34 | 86.41 | 1.561 times |
| 19 Tue Nov 2024 | 89.30 | 89.62 | 90.36 | 89.03 | 0.949 times |
| 18 Mon Nov 2024 | 90.17 | 90.23 | 91.29 | 89.67 | 0.805 times |
| 15 Fri Nov 2024 | 90.08 | 91.00 | 91.62 | 90.00 | 0.688 times |
| 14 Thu Nov 2024 | 91.16 | 92.61 | 92.81 | 90.91 | 0.475 times |
| 13 Wed Nov 2024 | 92.75 | 93.06 | 93.36 | 91.91 | 0.9 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 88.7, but if it comes above 88.7, then a intra day buy could be more profitable.
If you take a sell trade below 88.7, then use 88.7 as stoploss and 83.9 as target. However if you take a buy trade in stock , then use 88.7 as stoploss and 92.68 as target.
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 86.13 |
| Upside Target | 89.57 |
| Upside Target | 93.32 |
| Upside Target | 97.00 |
| Upside Target | 98.58 |
| 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 | 86.41 |
| Downside Intraday Target | 85.25 |
| Upside Intraday Target | 89.15 |
| Upside Intraday Target | 90.73 |
| Upside Intraday Target | 87.99 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 87.57 | 88.07 | 89.57 | 86.83 | 0.367 times |
| 22 Fri Nov 2024 | 87.14 | 90.23 | 91.29 | 86.13 | 1.506 times |
| 15 Fri Nov 2024 | 90.08 | 96.76 | 97.00 | 90.00 | 0.82 times |
| 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 |
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 |
| 26 Tue Nov 2024 | 87.57 | 97.27 | 98.33 | 86.13 | 0.81 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 88.6 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 88.6 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.