(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 2025-01-21 View latest technical analysis
10 day averaged volume of Fomento Economico is 457090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 84.97 | 82.50 | 85.18 | 82.50 | 1.244 times |
| 17 Fri Jan 2025 | 82.50 | 82.12 | 84.48 | 81.94 | 1.409 times |
| 17 Fri Jan 2025 | 82.50 | 82.12 | 84.48 | 81.94 | 1.409 times |
| 16 Thu Jan 2025 | 82.29 | 83.04 | 83.27 | 82.14 | 1.084 times |
| 15 Wed Jan 2025 | 83.48 | 83.94 | 84.84 | 83.11 | 0.532 times |
| 14 Tue Jan 2025 | 83.59 | 84.26 | 85.12 | 83.49 | 1.142 times |
| 13 Mon Jan 2025 | 83.54 | 82.17 | 83.71 | 82.17 | 1.203 times |
| 10 Fri Jan 2025 | 82.26 | 83.06 | 83.91 | 82.24 | 0.722 times |
| 08 Wed Jan 2025 | 83.83 | 84.32 | 84.59 | 83.50 | 0.706 times |
| 08 Wed Jan 2025 | 83.83 | 84.32 | 84.59 | 83.50 | 0.706 times |
My analysis of stock is bullish for shortterm, and stock might move up till 86.3 or till 88.6. Use a stoploss of 84.43 and if this stock hits its stoploss, then it can fall down till 82.55
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 81.07 |
| Downside Target | 84.48 |
| Upside Target | 85.67 |
| Upside Target | 86.13 |
| Upside Target | 86.88 |
| 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 | 83.25 |
| Downside Intraday Target | 81.54 |
| Upside Intraday Target | 85.93 |
| Upside Intraday Target | 86.9 |
| Downside Intraday Target | 84.22 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 84.97 | 82.50 | 85.18 | 82.50 | 0.882 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 |
| 08 Wed Jan 2025 | 83.83 | 81.82 | 85.67 | 81.82 | 1.292 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 |
| 21 Tue Jan 2025 | 84.97 | 86.22 | 86.88 | 81.07 | 1.071 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 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 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 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.
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. Bears are weakening, and bulls 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 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 83.24 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 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 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 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 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.
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. Bears are weakening, and bulls 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 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 83.24 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 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.