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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX)

Weak Downtrend (-65) - FMX is showing signs of a strengthening downtrend. Monitor FMX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid FMX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FMX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_FMX
Open High Low FMX Price Change
120.060 120.085 118.625 119.430 -0.490
Entry Signal

MarketClub’s Trade Triangles for FMX

long term down The long-term trend has been DOWN since Apr 23rd, 2024 at 116.84

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 124.62

short term up The short-term trend has been UP since Apr 26th, 2024 at 119.44

Smart Scan Analysis for FMX

Based on our trend formula, FMX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for FMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.060 120.085 118.625 119.430 -0.490
Prev. Close Volume Bid Ask Time
119.390 376444 2024-05-08 15:59:35
Year High101.12Year High Date2018-08-09
Year Low80.86Year Low Date2018-06-07
52wk High143.4352wk High Date2024-02-15
52wk Low95.4952wk Low Date2023-05-25
Year End Close100.7Average Volume858,233
Shares Outstanding1,589,100Short Interest897,872
% Institutional5.1Market Cap166,029M
Assets818,157,718MLiabilities516,847,737M
P/E Ratio1131.5942Beta0.71
Volatility39.7
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