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 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.
87% of all other stocks performed better in the past year than FMX.
In the last month FMX has a been trading in the 98.49 - 107.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
FMX is an average performer in the Beverages industry, it outperforms 43% of 33 stocks in the same industry.
FMX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FMX is lagging the market.
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.
More info and screens
97.45
108.92
We can see 3 important resistance areas.
- A resistance zone ranging from 98.61 to 99.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 101.94 to 104.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 106.41 to 107.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for FMX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMX is down. |
| ChartMill Relative Strength | 13.9 | NEGATIVE | FMX has a low relative strength, it was outperformed by 86.1% 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 | MIXED | The current price of FMX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.77 | NEUTRAL | The RSI value for FMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests FMX has a negative trend. |
| Stochastics (14,3) | 17.72 | OVERSOLD | The low Stochastics value suggests FMX may be oversold. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for FMX suggests some volalility. |
| Average Directional Index/ADX (14) | 16 | NEGATIVE | The low ADX value for FMX suggests a weak or negative 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 (7/15/2025, 10:27:33 AM)
98.43
-0.19 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.19%
1 Week-6.69%
2 Weeks-3.3%
1 Month-6.77%
3 Month-6.8%
6 Month19.54%
12 Month-15.21%
2 Year-12.92%
3 Year59.12%
5 Year60.33%
10 Year8.8%
15 Year102.59%
Volatility
ATR(14)2.24
ATR(20)%2.31%
ATR Inc-8.4%
Range Today0.79
ADR(20)2.18
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.9
Mansfield-0.69
10 Day High107.24
10 Day Low98.49
20 Day High107.37
20 Day Low98.49
52 Week High119.18
52 Week Low81.08
CS1 End98.61
CR1 Start99.67
Volume & EV
DER(3)-0.29%
DER(5)0.28%
Volume79.23K
Volume Incr32.35%
Vol(5)638.76K
Vol(50)513.84K