Technical Analysis for FMX - Fomento Economico Mexicano S.A.B. de C.V.

Grade Last Price % Change Price Change
B 74.28 -0.26% -0.19
FMX closed down 0.26 percent on Friday, May 20, 2022, on 88 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
Earnings due: May 22
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Stochastic Sell Signal Bearish -0.26%
Overbought Stochastic Strength -0.26%
New Downtrend Bearish 0.31%
Overbought Stochastic Strength 0.31%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -3.07%
Cup with Handle Other -3.07%
Stochastic Reached Overbought Strength -3.07%
Overbought Stochastic Strength -3.07%
Up 3 Days in a Row Strength -3.07%

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Profile

Fomento Economico Mexicano S.A.B. de C.V. Description

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, engages in bottling, operating convenience stores, and logistics businesses. The company operates as a bottler of Coca-Cola trademark beverages in Mexico, Central America, Colombia, Venezuela, Brazil, Argentina, Costa Rica, Guatemala, Nicaragua, Panama, and the Philippines. It produces, markets, sells and distributes Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; waters; and still beverages, including juice drinks, coffee, teas, milk, value-added dairy, and isotonic. The company also operates a chain of convenience stores under the OXXO brand name in Latin America; and other small format stores, which include soft discount stores with a focus on perishables, liquor stores, and smaller convenience stores. As of December 31, 2012, it operated 10,601 OXXO stores, of which 10,567 are located in Mexico and 34 stores are located in Bogotá, Colombia. In addition, the company engages in the production and distribution of coolers, commercial refrigeration equipment, and plastic cases; and provision of transportation logistics and maintenance services to its subsidiaries and third-parties. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.


Classification

Sector: Consumer Defensive
Industry: Beverages - Brewers
Keywords: Drink Refrigeration Milk Cooler Convenience Store Cola Discount Store Refrigeration Equipment Liquor Store Transportation Logistics Bottling Company Femsa

Is FMX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 89.59
52 Week Low 67.525
Average Volume 464,091
200-Day Moving Average 79.71
50-Day Moving Average 77.48
20-Day Moving Average 73.32
10-Day Moving Average 73.18
Average True Range 1.81
RSI 48.45
ADX 27.06
+DI 25.03
-DI 27.49
Chandelier Exit (Long, 3 ATRs) 73.43
Chandelier Exit (Short, 3 ATRs) 72.96
Upper Bollinger Bands 78.07
Lower Bollinger Band 68.58
Percent B (%b) 0.6
BandWidth 12.94
MACD Line -0.78
MACD Signal Line -1.34
MACD Histogram 0.5611
Fundamentals Value
Market Cap 26.58 Billion
Num Shares 358 Million
EPS 2.28
Price-to-Earnings (P/E) Ratio 32.58
Price-to-Sales 1.13
Price-to-Book 2.28
PEG Ratio 1.58
Dividend 1.52
Dividend Yield 2.05%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 76.26
Resistance 3 (R3) 76.40 75.88 75.93
Resistance 2 (R2) 75.88 75.38 75.81 75.82
Resistance 1 (R1) 75.08 75.06 74.82 74.94 75.71
Pivot Point 74.56 74.56 74.43 74.49 74.56
Support 1 (S1) 73.76 74.06 73.50 73.62 72.85
Support 2 (S2) 73.24 73.74 73.17 72.74
Support 3 (S3) 72.44 73.24 72.63
Support 4 (S4) 72.30