FOMENTO ECONOMICO MEX-SP ADR (FMX)

US3444191064 - ADR

109.57  +1.3 (+1.2%)

After market: 109.57 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, FMX scores 1 out of 10 in our technical rating. 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.

75% of all other stocks performed better in the past year than FMX.
FMX is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 105.15 - 119.18 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
FMX is an average performer in the Beverages industry, it outperforms 58% of 32 stocks in the same industry.
Weekly and Daily overview Charts
FMX Weekly chart
FMX Daily chart
Setup Rating and Analysis

3

The technical rating of FMX is bad and it also does not present a 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.

Support and Resistance Analysis

104.45

123.24

When analyzing the support we can see 2 important areas.

  • Support @109.22 from a trend line in the weekly time frame.
  • A support zone ranging from 105.50 to 106.24. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 112.45 to 114.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 117.50 to 118.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @122.02 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.24
Mansfield-1.85
10 Day High119.18
10 Day Low107.75
20 Day High119.18
20 Day Low105.15
52 Week High143.43
52 Week Low99.24
Performance
1 Week-5.79%
2 Weeks-6.75%
1 Month3.22%
3 Month-7.87%
6 Month-19.75%
12 Month-3.7%
2 Year76.78%
3 Year25.41%
5 Year20.8%
10 Year16.7%
15 Year183.86%
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)-0.54
RSI(14)43.64
LBB108.51
UBB121.28
FMX Daily chart

FOMENTO ECONOMICO MEX-SP ADR

NYSE:FMX (7/26/2024, 7:04:00 PM)

After market: 109.57 0 (0%)

109.57

+1.3 (+1.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg1.2%
1 Week-5.79%
2 Weeks-6.75%
1 Month3.22%
3 Month-7.87%
6 Month-19.75%
12 Month-3.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.18
ATR(20)%2.73%
ATR Inc
Range Today2.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High119.18
10 Day Low107.75
20 Day High119.18
20 Day Low105.15
52 Week High143.43
52 Week Low99.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume506.40K
Volume Incr-21.5%
Vol(5)594.62K
Vol(50)704.00K