Munafa Fomento Economico Mexicano S.A.B. de C.V. (FMX) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Fomento Economico Mexicano S.A.B. de C.V. (FMX) Indicator analysis

Fomento Economico FMX intraday stock tips

11 Friday September Stock tips for Fomento Economico Stock 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...

It appears as if Fomento Economico FMX gave a large move recently.

My analysis of Fomento Economico is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Fomento Economico stays below 118.2, but if it comes above 118.2, then a intra day buy could be more profitable.
If you take a sell trade below 118.2, then use 118.2 as stoploss and 116 as target. However if you take a buy trade in Fomento Economico, then use 118.2 as stoploss and 120.09 as target.

10 Thursday September Stock tips for Fomento Economico Stock 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...

It appears as if Fomento Economico FMX gave a large move recently.

My analysis of Fomento Economico is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Fomento Economico stays below 118.5, but if it comes above 118.5, then a intra day buy could be more profitable.
If you take a sell trade below 118.5, then use 118.5 as stoploss and 116.3 as target. However if you take a buy trade in Fomento Economico, then use 118.5 as stoploss and 120.42 as target.

09 Wednesday September Stock tips for Fomento Economico Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Fomento Economico FMX gave a large move recently.

My analysis of Fomento Economico is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Fomento Economico stays below 118.8, but if it comes above 118.8, then a intra day buy could be more profitable.
If you take a sell trade below 118.8, then use 118.8 as stoploss and 116.6 as target. However if you take a buy trade in Fomento Economico, then use 118.8 as stoploss and 120.72 as target.

08 Tuesday September Stock tips for Fomento Economico Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Fomento Economico FMX gave a large move recently.

My analysis of Fomento Economico is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 119.1 as stoploss in an intra day buy trade for a target of 121.01. However, stock will show a bearish move below 119.1.

04 Friday September Stock tips for Fomento Economico Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Fomento Economico FMX gave a large move recently.

My analysis of Fomento Economico is bearish for shortterm, and stock might move down till 119.3 or till 117. Use a stoploss of 121.15 and if the stock hits stoploss, then it can shoot up till 123.03

03 Thursday September Stock tips for Fomento Economico Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Fomento Economico FMX gave a large move recently.

My analysis of Fomento Economico is bearish for shortterm, and stock might move down till 119.3 or till 116.9. Use a stoploss of 121.23 and if the stock hits stoploss, then it can shoot up till 123.2

02 Wednesday September Stock tips for Fomento Economico (FMX) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Fomento Economico FMX gave a large move recently.

My analysis of Fomento Economico is bullish for shortterm, and stock might move up till 123.3 or till 125.7. Use a stoploss of 121.25 and if this stock hits its stoploss, then it can fall down till 119.24

Fomento Economico FMX tips for tomorrow

Tomorrow's movement Prediction of Fomento Economico FMX appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Fomento Economico FMX is strongly bearish. It has broken a strong support of 118 and is expected to move down further.

Munafa value: 20

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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