FOMENTO ECONOMICO MEX-SP ADR (FMX)
US3444191064 - ADR
We assign a technical rating of 1 out of 10 to FMX. FMX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month FMX has a been trading in the 113.62 - 131.11 range, which is quite wide. It is currently trading near the lows of this range.
FMX is one of the better performing stocks in the Beverages industry, it outperforms 70% of 32 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, FMX outperforms 57% of them, which is more or less in line with the market.
FMX is currently trading in the middle 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 slightly.
Volume is considerably higher in the last couple of days.
FMX has a poor technical rating and the quality of the setup is also not perfect 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
113.96
131.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 118.50 to 118.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 115.11 to 115.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @119.43 from a trend line in the weekly time frame.
- A resistance zone ranging from 122.89 to 125.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 130.27 to 130.55. 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
CRS57.14
Mansfield-0.84
10 Day High124.8
10 Day Low113.62
20 Day High131.11
20 Day Low113.62
52 Week High143.43
52 Week Low95.4
Performance
1 Week-0.63%
2 Weeks-4.27%
1 Month-8.7%
3 Month-12.9%
6 Month11.67%
12 Month22.58%
2 Year59.13%
3 Year53.46%
5 Year21.87%
10 Year31.02%
15 Year320.1%
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)-0.62
RSI(14)39.78
LBB112.74
UBB128.57
FOMENTO ECONOMICO MEX-SP ADR
NYSE:FMX (4/26/2024, 3:34:56 PM)
After market: 118.93 0 (0%)118.93
+3.82 (+3.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg3.32%
1 Week-0.63%
2 Weeks-4.27%
1 Month-8.7%
3 Month-12.9%
6 Month11.67%
12 Month22.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.8
ATR(20)%2.28%
ATR Inc
Range Today5.66
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 High124.8
10 Day Low113.62
20 Day High131.11
20 Day Low113.62
52 Week High143.43
52 Week Low95.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.20M
Volume Incr82.93%
Vol(5)1.20M
Vol(50)843.19K