(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.
10 day averaged volume of Fomento Economico is 882460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 119.92 | 120.00 | 120.91 | 118.29 | 0.708 times |
| 06 Mon May 2024 | 119.45 | 119.42 | 120.99 | 118.64 | 0.532 times |
| 03 Fri May 2024 | 118.68 | 118.09 | 119.27 | 117.95 | 0.496 times |
| 02 Thu May 2024 | 117.56 | 118.60 | 119.40 | 117.06 | 0.618 times |
| 01 Wed May 2024 | 118.09 | 117.85 | 119.76 | 116.89 | 0.553 times |
| 30 Tue Apr 2024 | 117.66 | 119.38 | 119.95 | 116.82 | 0.779 times |
| 29 Mon Apr 2024 | 118.92 | 118.00 | 119.85 | 118.00 | 1.38 times |
| 26 Fri Apr 2024 | 118.93 | 117.39 | 120.33 | 114.67 | 1.393 times |
| 25 Thu Apr 2024 | 115.11 | 115.05 | 115.97 | 113.62 | 1.204 times |
| 24 Wed Apr 2024 | 115.90 | 117.00 | 117.04 | 115.27 | 1.918 times |
My analysis of stock is bullish for shortterm, and stock might move up till 122.4 or till 125.8. Use a stoploss of 119.53 and if this stock hits its stoploss, then it can fall down till 116.69
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 113.62 |
| Downside Target | 116.82 |
| Upside Target | 120.99 |
| Upside Target | 122.75 |
| Upside Target | 124.80 |
| Upside Target | 125.60 |
| Upside Target | 130.00 |
| Upside Target | 131.11 |
| Upside Target | 131.56 |
| Upside Target | 138.47 |
| Upside Target | 143.43 |
Intraday share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Intraday Target | 118.48 |
| Downside Intraday Target | 117.03 |
| Upside Intraday Target | 121.18 |
| Upside Intraday Target | 122.43 |
| Downside Intraday Target | 119.73 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 119.92 | 119.42 | 120.99 | 118.29 | 0.324 times |
| 03 Fri May 2024 | 118.68 | 118.00 | 119.95 | 116.82 | 0.561 times |
| 26 Fri Apr 2024 | 118.93 | 119.40 | 120.33 | 113.62 | 1.243 times |
| 19 Fri Apr 2024 | 119.69 | 124.52 | 124.80 | 118.09 | 1.652 times |
| 12 Fri Apr 2024 | 124.24 | 128.90 | 130.00 | 122.75 | 1.072 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 |
| 07 Tue May 2024 | 119.92 | 117.85 | 120.99 | 116.89 | 0.139 times |
| 30 Tue Apr 2024 | 117.66 | 130.72 | 131.11 | 113.62 | 1.189 times |
| 28 Thu Mar 2024 | 130.27 | 124.39 | 131.56 | 120.17 | 1.012 times |
| 29 Thu Feb 2024 | 124.24 | 135.96 | 143.43 | 116.84 | 1.449 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 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 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 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 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 gaining 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 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 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 negative zone. This is the SELL 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 117.69 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 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 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 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 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 gaining 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 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 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 negative zone. This is the SELL 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 117.69 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.