Munafa technical analysis Fomento Economico Mexicano S.A.B. de C.V. FMX technical analysis buy or sell

Munafa technical analysis Fomento Economico Mexicano S.A.B. de C.V. FMX technical analysis buy or sell Analysis of Fomento Economico Mexicano S.A.B. de C.V. FMX to buy or sell for Daily, weekly or monthly

Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis

Date	Close	Open	High	Low
24 Thu Apr	105.91	104.71	107.40	103.51
22 Tue Apr	106.23	105.68	106.81	105.04
21 Mon Apr	104.50	106.31	106.75	102.96
17 Thu Apr	105.82	104.12	106.58	104.12
16 Wed Apr	103.79	102.17	104.05	101.48

Stock of Fomento Economico Mexicano S.A.B. de C.V. closed at 105.91 and it opened at 104.71
It moved inside a range of 103.51 and 107.40

52 week High is 108.44 and 52 week Low is 81.07
Financial Year High is 107.40 and Low is 91.75
This year High is 107.40 and Low is 81.07

Fomento Economico Mexicano S.A.B. de C.V. FMX Daily Analysis to buy or sell

As per my analysis of Fomento Economico Mexicano S.A.B. de C.V. FMX, 12 day returns for Fomento Economico Mexicano S.A.B. de C.V. FMX have been positive, with total returns of 2.12, which is 2.04% with investment starting at 103.79.
An investment of 100,000 bucks in Fomento Economico Mexicano S.A.B. de C.V. would have become 102040 bucks today.

Fomento Economico Mexicano S.A.B. de C.V. FMX moves in a range of 1.5 points on a day to day basis. This means that a total of approx 1.5 plus points of returns can be expected in a bullish day, and a total of 1.5 minus points can be expected in a bearish day.
This is about 1.42% of returns per day.

Fomento Economico Mexicano S.A.B. de C.V. Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Fomento Economico Mexicano S.A.B. de C.V. FMX at this time.

It appears as if Fomento Economico Mexicano S.A.B. de C.V. FMX gave a large move recently.

Stock of Fomento Economico Mexicano S.A.B. de C.V. (FMX) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!

My analysis of Fomento Economico Mexicano S.A.B. de C.V. is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Fomento Economico Mexicano S.A.B. de C.V. stays above 105.7, but if it comes below 105.7, then a intra day sell could be more profitable.
If you take a sell trade below 105.7, then use 105.7 as stoploss and 102.4 as target. However if you take a buy trade in Fomento Economico Mexicano S.A.B. de C.V., then use 105.7 as stoploss and 109.7 as target.

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of Fomento Economico Mexicano S.A.B. de C.V. FMX

Candle stick analysis of Fomento Economico Mexicano S.A.B. de C.V. as on 24 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Fomento Economico Mexicano S.A.B. de C.V. are:
HL: 3.8 HC: 1.4 LC: 2.3 OC: 2.6

Fomento Economico Mexicano S.A.B. de C.V. is moving towards a high expiry

Candle stick analysis of Fomento Economico Mexicano S.A.B. de C.V. as on 22 Tue Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Fomento Economico Mexicano S.A.B. de C.V. are:
HL: 1.7 HC: 0.6 LC: 1.1 OC: 1.1

Fomento Economico Mexicano S.A.B. de C.V. is moving towards a high expiry

Candle stick analysis of Fomento Economico Mexicano S.A.B. de C.V. as on 21 Mon Apr 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Fomento Economico Mexicano S.A.B. de C.V. are:
HL: 3.7 HC: 2.2 LC: 1.5 OC: 0.4

Fomento Economico Mexicano S.A.B. de C.V. is moving towards a low expiry

Fomento Economico Mexicano S.A.B. de C.V. is forming a DOJI candle

Candle stick analysis of Fomento Economico Mexicano S.A.B. de C.V. as on 17 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Fomento Economico Mexicano S.A.B. de C.V. are:
HL: 2.4 HC: 0.7 LC: 1.6 OC: 2.4

Fomento Economico Mexicano S.A.B. de C.V. is moving towards a high expiry

Candle stick analysis of Fomento Economico Mexicano S.A.B. de C.V. as on 16 Wed Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Fomento Economico Mexicano S.A.B. de C.V. are:
HL: 2.5 HC: 0.3 LC: 2.3 OC: 1.8

Fomento Economico Mexicano S.A.B. de C.V. is moving towards a high expiry

Fomento Economico Mexicano S.A.B. de C.V. FMX Weekly Analysis to buy or sell

As per my analysis of Fomento Economico Mexicano S.A.B. de C.V. FMX, 12 week returns for Fomento Economico Mexicano S.A.B. de C.V. FMX have been positive, with total returns of 7.48, which is 7.6% with investment starting at 98.43.
An investment of 100,000 bucks in Fomento Economico Mexicano S.A.B. de C.V. would have become 107600 bucks today.

Fomento Economico Mexicano S.A.B. de C.V. FMX moves in a range of 2 points on a week to week basis. This means that a total of approx 2 plus points of returns can be expected in a bullish week, and a total of 2 minus points can be expected in a bearish week.
This is about 1.89% of returns per week.

Weekly Candle Stick analysis of Fomento Economico Mexicano S.A.B. de C.V. FMX

Candle stick analysis of Fomento Economico Mexicano S.A.B. de C.V. as on 24 Thu Apr 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Fomento Economico Mexicano S.A.B. de C.V. are:
HL: 4.3 HC: 1.4 LC: 2.9 OC: 1

Fomento Economico Mexicano S.A.B. de C.V. is moving towards a high expiry

Candle stick analysis of Fomento Economico Mexicano S.A.B. de C.V. as on 17 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Fomento Economico Mexicano S.A.B. de C.V. are:
HL: 5 HC: 0.7 LC: 4.3 OC: 4.3