MXE NEWS why is Mexico Equity And Income Fund, Inc. (the) price falling or rising

MXE NEWS reasons for why stock price of Mexico Equity And Income Fund, Inc. (the) is falling or rising

MXE Mexico Equity is falling or rising technical reasons

Technical analysis forecast for Mexico Equity Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mexico Equity MXE at this time. Stock is falling and might fall more.

It appears as if Mexico Equity MXE gave a large move recently.

Stock of Mexico Equity (MXE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Mexico Equity is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mexico Equity stays below 8.7, but if it comes above 8.7, then a intra day buy could be more profitable.
If you take a sell trade below 8.7, then use 8.7 as stoploss and 8.5 as target. However if you take a buy trade in Mexico Equity, then use 8.7 as stoploss and 8.81 as target.

MXE Mexico Equity is falling or rising NEWS fundamental reasons

More announcements and NEWS

MXE Mexico Equity And Income Fund, Inc. (the) current price & indicator signals

Moving Averages for Mexico Equity And Income Fund, Inc. (the)

  • 5Day Average: 8.68
  • 12Day Average: 8.74
  • 20Day Average: 8.83
  • 50Day Average: 8.99
  • 100Day Average: 9.21
  • 150Day Average: 9.61
  • 200Day Average: 10.02

MXE Indicators & signals

Indicator MACD (12,26,9)

8.75, 8.86, -0.09
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 41.18, 47.06
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MXE Mexico Equity And Income Fund, Inc. (the) are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Thu Nov 2024 8.56 8.56 to 8.61 -0.7% 0.61 times
13 Wed Nov 2024 8.62 8.57 to 8.62 0% 3.62 times
12 Tue Nov 2024 8.62 8.58 to 8.73 -1.37% 0.71 times
11 Mon Nov 2024 8.74 8.64 to 8.78 -1.47% 0.54 times
08 Fri Nov 2024 8.87 8.80 to 9.09 -1.44% 0.41 times
07 Thu Nov 2024 9.00 8.87 to 9.01 3.21% 0.7 times
06 Wed Nov 2024 8.72 8.36 to 8.72 0% 1.06 times
05 Tue Nov 2024 8.72 8.70 to 8.74 -0.68% 0.78 times
04 Mon Nov 2024 8.78 8.78 to 8.98 0.23% 0.97 times
01 Fri Nov 2024 8.76 8.75 to 8.80 0.34% 0.99 times
31 Thu Oct 2024 8.73 8.69 to 8.73 0.23% 0.22 times
30 Wed Oct 2024 8.71 8.67 to 8.71 -0.91% 0.27 times

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MXE NEWS why is Mexico Equity And Income Fund, Inc. (the) price falling or rising

 

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