Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-02-19 View latest technical analysis

10 day averaged volume of Fomento Economico is 474650

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	90.69	90.60	91.87	89.99	1.631 times
18 Tue Feb 2025	91.43	90.61	91.95	89.26	0.744 times
14 Fri Feb 2025	91.11	89.95	92.13	89.67	0.871 times
13 Thu Feb 2025	89.71	89.81	89.81	87.88	0.897 times
12 Wed Feb 2025	89.02	86.84	89.09	86.60	0.762 times
11 Tue Feb 2025	87.91	87.27	87.91	86.41	0.59 times
10 Mon Feb 2025	87.20	88.52	88.52	86.58	0.493 times
07 Fri Feb 2025	87.79	89.66	89.66	87.44	1.372 times
06 Thu Feb 2025	89.70	87.00	89.95	85.82	1.423 times
05 Wed Feb 2025	85.10	86.12	86.23	84.26	1.721 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 89.5, but if it comes below 89.5, then a intra day sell could be more profitable.
If you take a sell trade below 89.5, then use 89.5 as stoploss and 87.23 as target. However if you take a buy trade in stock , then use 89.5 as stoploss and 92.3 as target.

Share price targets for Fomento Economico (FMX)

Target Type	Value
Downside Target	81.07
Downside Target	88.23
Downside Target	89.26
Downside Target	89.95
Upside Target	91.95
Upside Target	92.13
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	89.32
Downside Intraday Target	87.94
Upside Intraday Target	92.01
Upside Intraday Target	93.32
Downside Intraday Target	90.63

Weekly technical analysis of Fomento Economico (FMX)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	90.69	90.61	91.95	89.26	0.657 times
14 Fri Feb 2025	91.11	88.52	92.13	86.41	0.528 times
07 Fri Feb 2025	87.79	83.10	89.95	82.50	1.361 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

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
19 Wed Feb 2025	90.69	83.10	92.13	82.50	0.603 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Fomento Economico stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Fomento Economico in short term and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Fomento Economico in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 88.82 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.