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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 2025-03-19 View latest technical analysis

10 day averaged volume of Fomento Economico is 530904

Date Daily Closing Price Open High Low Volume
19 Wed Mar 2025 99.43 98.94 99.63 98.88 0.536 times
18 Tue Mar 2025 99.32 100.06 100.67 98.94 0.962 times
17 Mon Mar 2025 100.59 99.00 100.95 99.00 0.446 times
14 Fri Mar 2025 99.02 99.35 100.24 98.47 1.283 times
13 Thu Mar 2025 97.71 97.83 99.10 97.11 0.853 times
12 Wed Mar 2025 98.32 96.43 98.60 96.43 0.801 times
11 Tue Mar 2025 96.39 96.20 97.10 95.29 0.82 times
10 Mon Mar 2025 96.62 97.94 99.35 95.73 0.983 times
07 Fri Mar 2025 97.72 97.31 98.66 96.22 0.953 times
06 Thu Mar 2025 97.43 94.86 97.50 94.86 1.264 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 98.7, but if it comes below 98.7, then a intra day sell could be more profitable.
If you take a sell trade below 98.7, then use 98.7 as stoploss and 95.03 as target. However if you take a buy trade in stock , then use 98.7 as stoploss and 103.2 as target.

Share price targets for Fomento Economico (FMX)

Target Type Value
Downside Target 81.07
Downside Target 84.49
Downside Target 88.23
Downside Target 91.29
Downside Target 95.29
Downside Target 96.85
Downside Target 98.33
Downside Target 98.66
Downside Target 98.88
Upside Target 100.24
Upside Target 100.95

Intraday share price targets for Fomento Economico (FMX)

Target Type Value
Downside Intraday Target 98.56
Downside Intraday Target 97.68
Upside Intraday Target 100.63
Upside Intraday Target 101.82
Upside Intraday Target 99.75

Weekly technical analysis of Fomento Economico (FMX)

Date Weekly Closing Price Open High Low Volume
19 Wed Mar 2025 99.43 99.00 100.95 98.88 0.41 times
14 Fri Mar 2025 99.02 97.94 100.24 95.29 0.754 times
07 Fri Mar 2025 97.72 94.49 98.66 91.29 0.856 times
28 Fri Feb 2025 94.08 89.80 96.85 88.30 1.481 times
21 Fri Feb 2025 89.40 90.61 91.95 88.97 1.535 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
19 Wed Mar 2025 99.43 94.49 100.95 91.29 0.599 times
28 Fri Feb 2025 94.08 83.10 96.85 82.50 1.139 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

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 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 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 losing momentum.

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

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 moving up

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 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 98.09 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 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 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 losing momentum.

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

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 moving up

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 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 98.09 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.

Daily charts

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Daily chart
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