Mobile app version of munafa.best
Login or Join
 Learn then Earn

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 2025-02-21 View latest technical analysis

10 day averaged volume of Fomento Economico is 520710

Date Daily Closing Price Open High Low Volume
21 Fri Feb 2025 89.40 90.69 90.79 88.97 0.897 times
20 Thu Feb 2025 90.60 90.84 91.52 89.33 1.994 times
19 Wed Feb 2025 90.69 90.60 91.87 89.99 1.486 times
18 Tue Feb 2025 91.43 90.61 91.95 89.26 0.678 times
14 Fri Feb 2025 91.11 89.95 92.13 89.67 0.794 times
13 Thu Feb 2025 89.71 89.81 89.81 87.88 0.818 times
12 Wed Feb 2025 89.02 86.84 89.09 86.60 0.695 times
11 Tue Feb 2025 87.91 87.27 87.91 86.41 0.538 times
10 Mon Feb 2025 87.20 88.52 88.52 86.58 0.45 times
07 Fri Feb 2025 87.79 89.66 89.66 87.44 1.251 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 90 as stoploss in an intra day sell trade for a target of 87.79. However, stock will show a bullish move above 90.

Share price targets for Fomento Economico (FMX)

Target Type Value
Downside Target 81.07
Downside Target 88.23
Downside Target 88.97
Upside 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 88.26
Downside Intraday Target 87.13
Upside Intraday Target 91.24
Upside Intraday Target 93.09
Upside Intraday Target 90.11

Weekly technical analysis of Fomento Economico (FMX)

Date Weekly Closing Price Open High Low Volume
21 Fri Feb 2025 89.40 90.61 91.95 88.97 1.535 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, 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
21 Fri Feb 2025 89.40 83.10 92.13 82.50 0.753 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

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

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

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 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 but buying is losing 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 89.74 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

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

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

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 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 but buying is losing 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 89.74 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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

Daily chart
Back to top | Use Dark Theme