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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 2025-01-13 View latest technical analysis

10 day averaged volume of Fomento Economico is 372031

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	83.54	82.17	83.71	82.17	1.478 times
10 Fri Jan 2025	82.26	83.06	83.91	82.24	0.886 times
08 Wed Jan 2025	83.83	84.32	84.59	83.50	0.867 times
08 Wed Jan 2025	83.83	84.32	84.59	83.50	0.867 times
07 Tue Jan 2025	85.10	83.81	85.67	83.77	1.335 times
06 Mon Jan 2025	83.44	81.82	83.89	81.82	2.107 times
03 Fri Jan 2025	81.23	85.27	85.27	81.07	1.088 times
02 Thu Jan 2025	85.42	86.22	86.88	85.32	0.709 times
31 Tue Dec 2024	85.49	85.40	85.89	85.18	0.731 times
30 Mon Dec 2024	85.31	86.71	86.71	85.00	0.806 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.6, but if it comes above 83.6, then a intra day buy could be more profitable.
If you take a sell trade below 83.6, then use 83.6 as stoploss and 81.1 as target. However if you take a buy trade in stock , then use 83.6 as stoploss and 85.6 as target.

Share price targets for Fomento Economico (FMX)

Target Type	Value
Downside Target	81.07
Upside Target	86.88
Upside Target	88.27
Upside Target	92.49
Upside Target	94.86
Upside Target	98.33
Upside Target	98.58
Upside Target	100.99
Upside Target	106.06

Intraday share price targets for Fomento Economico (FMX)

Target Type	Value
Downside Intraday Target	82.57
Downside Intraday Target	81.6
Upside Intraday Target	84.11
Upside Intraday Target	84.68
Downside Intraday Target	83.14

Weekly technical analysis of Fomento Economico (FMX)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	83.54	82.17	83.71	82.17	0.843 times
10 Fri Jan 2025	82.26	84.32	84.59	82.24	0.407 times
08 Wed Jan 2025	83.83	81.82	85.67	81.82	1.292 times
03 Fri Jan 2025	81.23	86.71	86.88	81.07	1.677 times
27 Fri Dec 2024	87.28	87.45	88.27	86.79	0.295 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 Mon Jan 2025	83.54	86.22	86.88	81.07	0.565 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
31 Thu Oct 2024	96.89	99.23	100.99	94.86	1.142 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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.

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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 83.81 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.