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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 2025-02-13 View latest technical analysis

10 day averaged volume of Fomento Economico is 489600

Date Daily Closing Price Open High Low Volume
13 Thu Feb 2025 89.71 89.81 89.81 87.88 0.87 times
12 Wed Feb 2025 89.02 86.84 89.09 86.60 0.739 times
11 Tue Feb 2025 87.91 87.27 87.91 86.41 0.572 times
10 Mon Feb 2025 87.20 88.52 88.52 86.58 0.478 times
07 Fri Feb 2025 87.79 89.66 89.66 87.44 1.33 times
06 Thu Feb 2025 89.70 87.00 89.95 85.82 1.379 times
05 Wed Feb 2025 85.10 86.12 86.23 84.26 1.668 times
04 Tue Feb 2025 85.77 85.02 87.18 85.01 1.093 times
03 Mon Feb 2025 84.90 83.10 86.02 82.50 1.158 times
31 Fri Jan 2025 85.32 87.32 87.51 84.97 0.692 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 90.5, for a target of 88.1 or 86.07

Share price targets for Fomento Economico (FMX)

Target Type Value
Downside Target 81.07
Downside Target 88.23
Upside Target 89.81
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 87.48
Downside Intraday Target 85.24
Upside Intraday Target 90.88
Upside Intraday Target 92.04
Downside Intraday Target 88.64

Weekly technical analysis of Fomento Economico (FMX)

Date Weekly Closing Price Open High Low Volume
13 Thu Feb 2025 89.71 88.52 89.81 86.41 0.401 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
13 Thu Feb 2025 89.71 83.10 89.95 82.50 0.451 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Fomento Economico stock for short term is BUY. Signal strength is Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 87.11 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.

Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Fomento Economico stock for short term is BUY. Signal strength is Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 87.11 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.

Daily charts

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