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

Grade Last Price % Change Price Change
D 118.00 0.29% 0.34
FMX closed down 1.06 percent on Tuesday, April 30, 2024, on 81 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Flat

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.29%
Earnings Movers Other 0.29%
Outside Day Range Expansion 0.29%
200 DMA Resistance Bearish -0.77%
Earnings Movers Other -0.77%
Inside Day Range Contraction -0.77%
Gapped Down Weakness -0.77%
Oversold Stochastic Weakness -0.77%
200 DMA Resistance Bearish -0.78%
Slingshot Bearish Bearish Swing Setup -0.78%

   Recent Intraday Alerts

Alert Time
10 DMA Support about 1 hour ago
Rose Above 200 DMA about 2 hours ago
60 Minute Opening Range Breakout about 2 hours ago
200 DMA Resistance about 2 hours ago
Possible Inside Day about 3 hours ago

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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 142.1113
52 Week Low 93.7688
Average Volume 849,057
200-Day Moving Average 119.36
50-Day Moving Average 123.50
20-Day Moving Average 121.30
10-Day Moving Average 117.91
Average True Range 2.72
RSI (14) 38.27
ADX 31.4
+DI 16.29
-DI 29.82
Chandelier Exit (Long, 3 ATRs) 121.75
Chandelier Exit (Short, 3 ATRs) 121.78
Upper Bollinger Bands 129.30
Lower Bollinger Band 113.30
Percent B (%b) 0.27
BandWidth 13.19
MACD Line -2.40
MACD Signal Line -2.19
MACD Histogram -0.2032
Fundamentals Value
Market Cap 210.51 Billion
Num Shares 1.79 Billion
EPS 3.98
Price-to-Earnings (P/E) Ratio 29.56
Price-to-Sales 0.33
Price-to-Book 14.46
PEG Ratio 0.46
Dividend 3.66
Dividend Yield 3.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 122.36
Resistance 3 (R3) 122.60 121.27 121.57
Resistance 2 (R2) 121.27 120.08 121.15 121.31
Resistance 1 (R1) 119.47 119.34 118.81 119.23 121.05
Pivot Point 118.14 118.14 117.81 118.02 118.14
Support 1 (S1) 116.34 116.95 115.68 116.10 114.27
Support 2 (S2) 115.01 116.21 114.89 114.01
Support 3 (S3) 113.21 115.01 113.75
Support 4 (S4) 112.97