FOMENTO ECONOMICO MEX-SP ADR (FMX)
US3444191064 - ADR
We assign a technical rating of 0 out of 10 to FMX. FMX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
88% of all other stocks performed better in the past year than FMX.
FMX is part of the Beverages industry. There are 33 other stocks in this industry, of which 68% are performing better than FMX.
FMX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FMX is lagging the market.
In the last month FMX has a been trading in the 84.49 - 92.49 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FMX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 85.41, a Stop Loss order could be placed below this zone.
More info and screens
83.86
103.15
When analyzing the support we notice one important area.
- A support zone ranging from 84.71 to 85.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 85.81 to 88.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 90.07 to 91.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @96.22 from a trend line in the weekly time frame.
- Resistance @102.13 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.19
Mansfield-2.93
10 Day High88.96
10 Day Low84.49
20 Day High92.49
20 Day Low84.49
52 Week High143.43
52 Week Low84.49
Performance
1 Week-2.2%
2 Weeks-3.4%
1 Month-4.27%
3 Month-14.3%
6 Month-20.17%
12 Month-32.39%
2 Year-2.71%
3 Year13.56%
5 Year-5.27%
10 Year2.23%
15 Year102.61%
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)-0.02
RSI(14)38.59
LBB84.49
UBB89.41
FOMENTO ECONOMICO MEX-SP ADR
NYSE:FMX (1/2/2025, 4:15:00 PM)
After market: 85.42 0 (0%)85.42
-0.07 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.08%
1 Week-2.2%
2 Weeks-3.4%
1 Month-4.27%
3 Month-14.3%
6 Month-20.17%
12 Month-32.39%
2 Year-2.71%
3 Year13.56%
5 Year-5.27%
10 Year2.23%
15 Year102.61%
Volatility
ATR(14)1.95
ATR(20)%2.33%
ATR Inc-44.89%
Range Today1.57
ADR(20)1.92
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.19
Mansfield-2.93
10 Day High88.96
10 Day Low84.49
20 Day High92.49
20 Day Low84.49
52 Week High143.43
52 Week Low84.49
CS1 End85.41
CR1 Start85.81
Volume & EV
DER(3)0.32%
DER(5)1.95%
Volume263.84K
Volume Incr-48.03%
Vol(5)266.63K
Vol(50)579.60K