(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 483550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 86.63 | 86.75 | 87.43 | 85.48 | 0.999 times |
| 28 Tue Jan 2025 | 86.34 | 84.87 | 87.71 | 84.42 | 1.464 times |
| 27 Mon Jan 2025 | 84.65 | 84.66 | 85.48 | 83.30 | 0.868 times |
| 24 Fri Jan 2025 | 85.33 | 85.10 | 85.61 | 84.35 | 0.767 times |
| 23 Thu Jan 2025 | 84.25 | 84.08 | 85.07 | 83.17 | 0.748 times |
| 22 Wed Jan 2025 | 84.46 | 84.93 | 85.34 | 83.77 | 0.786 times |
| 21 Tue Jan 2025 | 84.97 | 82.50 | 85.18 | 82.50 | 1.175 times |
| 17 Fri Jan 2025 | 82.50 | 82.12 | 84.48 | 81.94 | 1.332 times |
| 17 Fri Jan 2025 | 82.50 | 82.12 | 84.48 | 81.94 | 1.332 times |
| 16 Thu Jan 2025 | 82.29 | 83.04 | 83.27 | 82.14 | 1.025 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 87, for a target of 85.4 or 83.98
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 81.07 |
| Downside Target | 86.13 |
| Upside Target | 87.71 |
| 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 | 84.05 |
| Downside Intraday Target | 81.47 |
| Upside Intraday Target | 88.46 |
| Upside Intraday Target | 90.29 |
| Downside Intraday Target | 85.88 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 86.63 | 84.66 | 87.71 | 83.30 | 0.958 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 |
| 10 Fri Jan 2025 | 82.26 | 84.32 | 84.59 | 82.24 | 0.407 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 |
| 29 Wed Jan 2025 | 86.63 | 86.22 | 87.71 | 81.07 | 1.514 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 up this month, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. 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 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
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 84.34 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. 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 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
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 84.34 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.