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(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 2025-02-11 View latest technical analysis

10 day averaged volume of Fomento Economico is 544520

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	87.91	87.27	87.91	86.41	0.515 times
10 Mon Feb 2025	87.20	88.52	88.52	86.58	0.43 times
07 Fri Feb 2025	87.79	89.66	89.66	87.44	1.196 times
06 Thu Feb 2025	89.70	87.00	89.95	85.82	1.24 times
05 Wed Feb 2025	85.10	86.12	86.23	84.26	1.5 times
04 Tue Feb 2025	85.77	85.02	87.18	85.01	0.983 times
03 Mon Feb 2025	84.90	83.10	86.02	82.50	1.042 times
31 Fri Jan 2025	85.32	87.32	87.51	84.97	0.622 times
30 Thu Jan 2025	87.28	86.79	88.23	86.30	0.801 times
29 Wed Jan 2025	86.63	86.75	87.43	85.48	0.887 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 87.3, but if it comes below 87.3, then a intra day sell could be more profitable.
If you take a sell trade below 87.3, then use 87.3 as stoploss and 85.42 as target. However if you take a buy trade in stock , then use 87.3 as stoploss and 89.6 as target.

Share price targets for Fomento Economico (FMX)

Target Type	Value
Downside Target	81.07
Upside Target	88.23
Upside Target	88.52
Upside Target	89.95
Upside Target	92.49
Upside Target	94.86
Upside Target	98.33
Upside Target	100.99

Intraday share price targets for Fomento Economico (FMX)

Target Type	Value
Downside Intraday Target	86.71
Downside Intraday Target	85.5
Upside Intraday Target	88.82
Upside Intraday Target	89.72
Downside Intraday Target	87.61

Weekly technical analysis of Fomento Economico (FMX)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	87.91	88.52	88.52	86.41	0.158 times
07 Fri Feb 2025	87.79	83.10	89.95	82.50	1.361 times
31 Fri Jan 2025	85.32	84.66	88.23	83.30	1.419 times
24 Fri Jan 2025	85.33	82.50	85.61	82.50	2.609 times
17 Fri Jan 2025	82.50	82.12	84.48	81.94	0.262 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
11 Tue Feb 2025	87.91	83.10	89.95	82.50	0.373 times
31 Fri Jan 2025	85.32	86.22	88.23	81.07	1.64 times
31 Tue Dec 2024	85.49	87.49	92.49	84.49	0.495 times
26 Tue Nov 2024	87.57	97.27	98.33	86.13	0.842 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 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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Fomento Economico ( (FMX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Fomento Economico in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Fomento Economico in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 86.72 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.