FOMENTO ECONOMICO MEX-SP ADR (FMX) Stock Technical Analysis
NYSE:FMX - US3444191064 - ADR
85.48 USD
-1.44 (-1.66%)
We assign a technical rating of 0 out of 10 to FMX. FMX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FMX is a bad performer in the overall market: 88% of all stocks are doing better.
FMX is part of the Beverages industry. There are 33 other stocks in this industry, of which 75% are performing better than FMX.
FMX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
FMX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, FMX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 88.88. Right above this resistance zone may be a good entry point.
More info and screens
84.63
107.47
We can see 5 important resistance areas.
- A resistance zone ranging from 85.63 to 86.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 88.88 to 88.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 100.55 to 100.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @104.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 106.41 to 106.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FMX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMX is down. |
| ChartMill Relative Strength | 12.03 | NEGATIVE | FMX has a low relative strength, it was outperformed by 87.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FMX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FMX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.35 | NEUTRAL | The RSI value for FMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests FMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.52 | NEUTRAL | The Stochastics value for FMX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for FMX suggests some volalility. |
| Average Directional Index/ADX (14) | 44.97 | POSITIVE | The high ADX value value for FMX suggests a strong trend. |
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)
NYSE:FMX (9/3/2025, 12:13:23 PM)
85.48
-1.44 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-1.66%
1 Week-1.35%
2 Weeks1.89%
1 Month-1.56%
3 Month-18.81%
6 Month-11.05%
12 Month-14.75%
2 Year-20.37%
3 Year38.52%
5 Year54.69%
10 Year-2.61%
15 Year71.34%
Volatility
ATR(14)1.87
ATR(20)%2.06%
ATR Inc-17.78%
Range Today1.75
ADR(20)1.74
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.03
Mansfield-1.6
10 Day High89.28
10 Day Low83.08
20 Day High89.75
20 Day Low83.08
52 Week High108.74
52 Week Low81.08
CS1 End86.78
CR1 Start88.88
Volume & EV
DER(3)-3.02%
DER(5)-1.71%
Volume193.43K
Volume Incr-47.2%
Vol(5)646.04K
Vol(50)894.96K