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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 2025-02-03 View latest technical analysis

10 day averaged volume of Fomento Economico is 471030

Date Daily Closing Price Open High Low Volume
03 Mon Feb 2025 84.90 83.10 86.02 82.50 1.204 times
31 Fri Jan 2025 85.32 87.32 87.51 84.97 0.719 times
30 Thu Jan 2025 87.28 86.79 88.23 86.30 0.925 times
29 Wed Jan 2025 86.63 86.75 87.43 85.48 1.026 times
28 Tue Jan 2025 86.34 84.87 87.71 84.42 1.503 times
27 Mon Jan 2025 84.65 84.66 85.48 83.30 0.891 times
24 Fri Jan 2025 85.33 85.10 85.61 84.35 0.787 times
23 Thu Jan 2025 84.25 84.08 85.07 83.17 0.768 times
22 Wed Jan 2025 84.46 84.93 85.34 83.77 0.807 times
21 Tue Jan 2025 84.97 82.50 85.18 82.50 1.207 times

My analysis of stock is bullish for shortterm, and stock might move up till 85.7 or till 87.4. Use a stoploss of 84.35 and if this stock hits its stoploss, then it can fall down till 82.95

Share price targets for Fomento Economico (FMX)

Target Type Value
Downside Target 81.07
Upside Target 86.02
Upside Target 86.13
Upside Target 88.23
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 82.93
Downside Intraday Target 80.95
Upside Intraday Target 86.45
Upside Intraday Target 87.99
Downside Intraday Target 84.47

Weekly technical analysis of Fomento Economico (FMX)

Date Weekly Closing Price Open High Low Volume
03 Mon Feb 2025 84.90 83.10 86.02 82.50 0.238 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
17 Fri Jan 2025 82.50 82.17 85.12 81.94 3.762 times

Price has moved down 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
03 Mon Feb 2025 84.90 83.10 86.02 82.50 0.056 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 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

Although the stock is in the SELL zone, but selling 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 85.49 and Fomento Economico (FMX) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 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

Although the stock is in the SELL zone, but selling 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 85.49 and Fomento Economico (FMX) stock is trading below this level. This means that stock is falling with high volumes. 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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