(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 2025-01-02 View latest technical analysis
10 day averaged volume of Fomento Economico is 330891
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Jan 2025 | 85.42 | 86.22 | 86.88 | 85.32 | 0.797 times |
| 31 Tue Dec 2024 | 85.49 | 85.40 | 85.89 | 85.18 | 0.822 times |
| 30 Mon Dec 2024 | 85.31 | 86.71 | 86.71 | 85.00 | 0.907 times |
| 27 Fri Dec 2024 | 87.28 | 87.81 | 88.27 | 86.85 | 0.676 times |
| 26 Thu Dec 2024 | 87.79 | 86.93 | 88.05 | 86.79 | 0.514 times |
| 24 Tue Dec 2024 | 87.34 | 87.14 | 87.98 | 86.89 | 0.305 times |
| 23 Mon Dec 2024 | 87.33 | 87.45 | 88.16 | 86.91 | 0.741 times |
| 20 Fri Dec 2024 | 87.30 | 85.12 | 87.52 | 84.73 | 1.357 times |
| 19 Thu Dec 2024 | 84.71 | 86.74 | 87.74 | 84.49 | 1.797 times |
| 18 Wed Dec 2024 | 86.80 | 88.38 | 88.96 | 86.59 | 1.306 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 86, but if it comes above 86, then a intra day buy could be more profitable.
If you take a sell trade below 86, then use 86 as stoploss and 83.9 as target. However if you take a buy trade in stock , then use 86 as stoploss and 87.8 as target.
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 84.49 |
| Upside Target | 88.96 |
| Upside Target | 91.38 |
| 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 | 84.65 |
| Downside Intraday Target | 83.89 |
| Upside Intraday Target | 86.53 |
| Upside Intraday Target | 87.65 |
| Upside Intraday Target | 85.77 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Jan 2025 | 85.42 | 86.71 | 86.88 | 85.00 | 1.13 times |
| 27 Fri Dec 2024 | 87.28 | 87.45 | 88.27 | 86.79 | 0.295 times |
| 20 Fri Dec 2024 | 87.30 | 88.40 | 88.96 | 84.49 | 1.126 times |
| 13 Fri Dec 2024 | 88.68 | 90.93 | 92.49 | 87.92 | 20.667 times |
| 05 Thu Dec 2024 | 90.97 | 87.49 | 91.38 | 86.89 | 0.226 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 |
| 02 Thu Jan 2025 | 85.42 | 86.22 | 86.88 | 85.32 | 0.043 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 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 short 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 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.
Fomento Economico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Fomento Economico in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 86.23 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 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 short 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 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.
Fomento Economico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Fomento Economico in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 86.23 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.