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

Grade Last Price % Change Price Change
grade F 58.275 0.74% 0.43
FMX closed down 0.96 percent on Friday, August 7, 2020, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical FMX trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.73%
NR7 Range Contraction 0.73%
Oversold Stochastic Weakness 0.73%
MACD Bearish Signal Line Cross Bearish -0.23%
Stochastic Reached Oversold Weakness -0.23%
Oversold Stochastic Weakness -0.23%
20 DMA Resistance Bearish 0.42%
Inside Day Range Contraction 0.42%
Fell Below 20 DMA Bearish 0.93%
Down 3 Days in a Row Weakness 0.93%

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Profile

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.
Food And Drink Maintenance Services Drinks Convenience Store Cola Refrigeration Equipment Beer In Mexico 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 98.05
52 Week Low 55.4
Average Volume 637,248
200-Day Moving Average 76.45
50-Day Moving Average 63.01
20-Day Moving Average 59.54
10-Day Moving Average 60.11
Average True Range 1.58
ADX 18.03
+DI 17.21
-DI 30.61
Chandelier Exit (Long, 3 ATRs ) 57.74
Chandelier Exit (Short, 3 ATRs ) 61.71
Upper Bollinger Band 62.95
Lower Bollinger Band 56.14
Percent B (%b) 0.25
BandWidth 11.44
MACD Line -0.91
MACD Signal Line -0.80
MACD Histogram -0.1121
Fundamentals Value
Market Cap 20.7 Billion
Num Shares 358 Million
EPS 3.39
Price-to-Earnings (P/E) Ratio 17.06
Price-to-Sales 1.27
Price-to-Book 2.87
PEG Ratio 2.15
Dividend 1.35
Dividend Yield 2.33%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.87
Resistance 3 (R3) 58.87 58.53 58.70
Resistance 2 (R2) 58.53 58.27 58.53 58.64
Resistance 1 (R1) 58.19 58.11 58.02 58.19 58.59
Pivot Point 57.85 57.85 57.77 57.85 57.85
Support 1 (S1) 57.51 57.59 57.34 57.51 57.11
Support 2 (S2) 57.17 57.43 57.17 57.06
Support 3 (S3) 56.83 57.17 57.00
Support 4 (S4) 56.83