(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 2025-01-14 View latest technical analysis
10 day averaged volume of Fomento Economico is 404652
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 83.59 | 84.26 | 85.12 | 83.49 | 1.29 times |
| 13 Mon Jan 2025 | 83.54 | 82.17 | 83.71 | 82.17 | 1.359 times |
| 10 Fri Jan 2025 | 82.26 | 83.06 | 83.91 | 82.24 | 0.815 times |
| 08 Wed Jan 2025 | 83.83 | 84.32 | 84.59 | 83.50 | 0.797 times |
| 08 Wed Jan 2025 | 83.83 | 84.32 | 84.59 | 83.50 | 0.797 times |
| 07 Tue Jan 2025 | 85.10 | 83.81 | 85.67 | 83.77 | 1.227 times |
| 06 Mon Jan 2025 | 83.44 | 81.82 | 83.89 | 81.82 | 1.937 times |
| 03 Fri Jan 2025 | 81.23 | 85.27 | 85.27 | 81.07 | 1 times |
| 02 Thu Jan 2025 | 85.42 | 86.22 | 86.88 | 85.32 | 0.652 times |
| 31 Tue Dec 2024 | 85.49 | 85.40 | 85.89 | 85.18 | 0.672 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 83.4 as stoploss in an intra day buy trade for a target of 85.34. However, stock will show a bearish move below 83.4.
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 81.07 |
| Upside Target | 84.49 |
| 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 | 82.13 |
| Downside Intraday Target | 80.68 |
| Upside Intraday Target | 85.08 |
| Upside Intraday Target | 86.58 |
| Upside Intraday Target | 83.63 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 83.59 | 82.17 | 85.12 | 82.17 | 1.643 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fomento Economico (FMX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 83.59 | 86.22 | 86.88 | 81.07 | 0.649 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 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 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 Weak and stock is losing 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 below the red 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 SELL signal in short term and selling is picking up 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 83.68 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 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 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 Weak and stock is losing 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 below the red 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 SELL signal in short term and selling is picking up 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 83.68 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.