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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 2025-02-04 View latest technical analysis

10 day averaged volume of Fomento Economico is 463330

Date Daily Closing Price Open High Low Volume
04 Tue Feb 2025 85.77 85.02 87.18 85.01 1.155 times
03 Mon Feb 2025 84.90 83.10 86.02 82.50 1.224 times
31 Fri Jan 2025 85.32 87.32 87.51 84.97 0.731 times
30 Thu Jan 2025 87.28 86.79 88.23 86.30 0.941 times
29 Wed Jan 2025 86.63 86.75 87.43 85.48 1.043 times
28 Tue Jan 2025 86.34 84.87 87.71 84.42 1.528 times
27 Mon Jan 2025 84.65 84.66 85.48 83.30 0.906 times
24 Fri Jan 2025 85.33 85.10 85.61 84.35 0.8 times
23 Thu Jan 2025 84.25 84.08 85.07 83.17 0.781 times
22 Wed Jan 2025 84.46 84.93 85.34 83.77 0.82 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 85.8 as stoploss in an intra day sell trade for a target of 84.39. However, stock will show a bullish move above 85.8.

Share price targets for Fomento Economico (FMX)

Target Type Value
Downside Target 81.07
Upside Target 86.13
Upside Target 87.18
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 83.12
Downside Intraday Target 80.47
Upside Intraday Target 87.8
Upside Intraday Target 89.83
Downside Intraday Target 85.15

Weekly technical analysis of Fomento Economico (FMX)

Date Weekly Closing Price Open High Low Volume
04 Tue Feb 2025 85.77 83.10 87.18 82.50 0.462 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 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
04 Tue Feb 2025 85.77 83.10 87.18 82.50 0.109 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 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 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 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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

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

Ichimoku cloud is of red color and prices are in or above 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

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 85.59 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 negative.

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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