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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Strong Downtrend (-100) - FMX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FMX continues to fall. Traders should use caution and set stops.

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
89.62 90.36 89.03 89.34 -0.83
Entry Signal

MarketClub’s Trade Triangles for FMX

long term down The long-term trend has been DOWN since Apr 23rd, 2024 at 116.8400

intermediate term down The intermediate-term trend has been DOWN since Oct 30th, 2024 at 95.8408

short term down The short-term trend has been DOWN since Nov 5th, 2024 at 95.7200

Smart Scan Analysis for FMX

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

-100
Smart Scan Analysis for FMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.62 90.36 89.03 89.34 -0.83
Prev. Close Volume Bid Ask Time
89.30 413491 2024-11-19 15:59:34
Year High101.12Year High Date2018-08-09
Year Low80.86Year Low Date2018-06-07
52wk High143.4352wk High Date2024-02-15
52wk Low89.6752wk Low Date2024-11-18
Year End Close100.7Average Volume651,332
Shares Outstanding1,589,100Short Interest897,872
% Institutional5.1Market Cap166,029M
Assets849,899,181MLiabilities554,934,486M
P/E Ratio1366.2121Beta0.71
Volatility39.7
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