(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 2025-02-06 View latest technical analysis
10 day averaged volume of Fomento Economico is 503670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 89.70 | 87.00 | 89.95 | 85.82 | 1.341 times |
| 05 Wed Feb 2025 | 85.10 | 86.12 | 86.23 | 84.26 | 1.621 times |
| 04 Tue Feb 2025 | 85.77 | 85.02 | 87.18 | 85.01 | 1.062 times |
| 03 Mon Feb 2025 | 84.90 | 83.10 | 86.02 | 82.50 | 1.126 times |
| 31 Fri Jan 2025 | 85.32 | 87.32 | 87.51 | 84.97 | 0.672 times |
| 30 Thu Jan 2025 | 87.28 | 86.79 | 88.23 | 86.30 | 0.865 times |
| 29 Wed Jan 2025 | 86.63 | 86.75 | 87.43 | 85.48 | 0.959 times |
| 28 Tue Jan 2025 | 86.34 | 84.87 | 87.71 | 84.42 | 1.405 times |
| 27 Mon Jan 2025 | 84.65 | 84.66 | 85.48 | 83.30 | 0.833 times |
| 24 Fri Jan 2025 | 85.33 | 85.10 | 85.61 | 84.35 | 0.736 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 88.7, for a target of 86.6 or 84.74
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 81.07 |
| Downside Target | 86.13 |
| Downside Target | 88.23 |
| Upside Target | 89.95 |
| Upside Target | 92.49 |
| Upside Target | 94.86 |
| Upside Target | 98.33 |
| Upside Target | 100.99 |
Intraday share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Intraday Target | 84.82 |
| Downside Intraday Target | 79.93 |
| Upside Intraday Target | 92.27 |
| Upside Intraday Target | 94.83 |
| Downside Intraday Target | 87.38 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 89.70 | 83.10 | 89.95 | 82.50 | 1.088 times |
| 31 Fri Jan 2025 | 85.32 | 84.66 | 88.23 | 83.30 | 1.419 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 |
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 |
| 06 Thu Feb 2025 | 89.70 | 83.10 | 89.95 | 82.50 | 0.257 times |
| 31 Fri Jan 2025 | 85.32 | 86.22 | 88.23 | 81.07 | 1.64 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 |
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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term and the buying is gaining 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 86.2 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 positive
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term and the buying is gaining 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 86.2 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.