FOMENTO ECONOMICO MEX-SP ADR (FMX) Stock Technical Analysis
NYSE:FMX - New York Stock Exchange, Inc. - US3444191064 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to FMX. Both in the recent history as in the last year, FMX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
In the last month FMX has a been trading in the 91.75 - 106.81 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that FMX is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FMX is part of the Beverages industry. There are 32 other stocks in this industry, FMX did better than 51% of them.
FMX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FMX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
91.58
107.30
We found 3 important support areas.
- A support zone ranging from 96.20 to 97.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.29 from a trend line in the daily time frame.
- Support @92.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 106.24 to 106.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.01
Mansfield1.29
10 Day High106.81
10 Day Low91.76
20 Day High106.81
20 Day Low91.75
52 Week High123.09
52 Week Low81.08
Performance
1 Week6.04%
2 Weeks14.84%
1 Month9.96%
3 Month24.49%
6 Month9.8%
12 Month-10.68%
2 Year9.49%
3 Year42.13%
5 Year65.13%
10 Year17.39%
15 Year124.45%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.74
RSI(14)65.59
LBB91.59
UBB108.23
106.23
+1.73 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg1.66%
1 Week6.04%
2 Weeks14.84%
1 Month9.96%
3 Month24.49%
6 Month9.8%
12 Month-10.68%
2 Year9.49%
3 Year42.13%
5 Year65.13%
10 Year17.39%
15 Year124.45%
Volatility
ATR(14)3.56
ATR(20)%3.03%
ATR Inc-14.84%
Range Today1.77
ADR(20)3.08
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.01
Mansfield1.29
10 Day High106.81
10 Day Low91.76
20 Day High106.81
20 Day Low91.75
52 Week High123.09
52 Week Low81.08
CS1 End97.7
CR1 Start106.24
Volume & EV
DER(3)1.09%
DER(5)-1.27%
Volume914.20K
Volume Incr14.41%
Vol(5)686.88K
Vol(50)596.16K