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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 2025-01-16 View latest technical analysis

10 day averaged volume of Fomento Economico is 423949

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	82.29	83.04	83.27	82.14	1.169 times
15 Wed Jan 2025	83.48	83.94	84.84	83.11	0.574 times
14 Tue Jan 2025	83.59	84.26	85.12	83.49	1.231 times
13 Mon Jan 2025	83.54	82.17	83.71	82.17	1.297 times
10 Fri Jan 2025	82.26	83.06	83.91	82.24	0.778 times
08 Wed Jan 2025	83.83	84.32	84.59	83.50	0.761 times
08 Wed Jan 2025	83.83	84.32	84.59	83.50	0.761 times
07 Tue Jan 2025	85.10	83.81	85.67	83.77	1.172 times
06 Mon Jan 2025	83.44	81.82	83.89	81.82	1.849 times
03 Fri Jan 2025	81.23	85.27	85.27	81.07	0.954 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83, but if it comes above 83, then a intra day buy could be more profitable.
If you take a sell trade below 83, then use 83 as stoploss and 80.7 as target. However if you take a buy trade in stock , then use 83 as stoploss and 84.87 as target.

Share price targets for Fomento Economico (FMX)

Target Type	Value
Downside Target	81.07
Upside Target	84.49
Upside Target	86.88
Upside Target	88.27
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	81.25
Downside Intraday Target	80.2
Upside Intraday Target	84.23
Upside Intraday Target	86.16
Upside Intraday Target	83.18

Weekly technical analysis of Fomento Economico (FMX)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	82.29	82.17	85.12	82.14	2.775 times
10 Fri Jan 2025	82.26	84.32	84.59	82.24	0.407 times
08 Wed Jan 2025	83.83	81.82	85.67	81.82	1.292 times
03 Fri Jan 2025	81.23	86.71	86.88	81.07	1.677 times
27 Fri Dec 2024	87.28	87.45	88.27	86.79	0.295 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Fomento Economico (FMX)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	82.29	86.22	86.88	81.07	0.77 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 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 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 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. 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 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 83.3 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.