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

Grade Last Price % Change Price Change
A 87.03 -2.07% -1.84
FMX closed down 2.07 percent on Friday, September 17, 2021, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
NR7 Range Contraction -2.07%
Inside Day Range Contraction -2.07%
Above Upper BB Strength -2.07%
Overbought Stochastic Strength -2.07%
Upper Bollinger Band Touch Strength -2.07%
New 52 Week Closing High Bullish -2.77%
Older End-of-Day Signals for FMX ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 2 % about 23 hours ago
Down 1 ATR about 23 hours ago
60 Minute Opening Range Breakdown 1 day ago
Down 1% 1 day ago
Fell Below Previous Day's Low 1 day ago
View Earlier Intraday Alerts

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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 Drinks Refrigeration Milk Convenience Store Cooler Cola Discount Store Liquor Store Refrigeration Equipment 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 52.91
Average Volume 375,670
200-Day Moving Average 79.53
50-Day Moving Average 85.85
20-Day Moving Average 86.22
10-Day Moving Average 86.55
Average True Range 1.67
ADX 16.93
+DI 21.33
-DI 16.69
Chandelier Exit (Long, 3 ATRs) 84.57
Chandelier Exit (Short, 3 ATRs) 88.86
Upper Bollinger Bands 88.76
Lower Bollinger Band 83.67
Percent B (%b) 0.66
BandWidth 5.90
MACD Line 0.47
MACD Signal Line 0.20
MACD Histogram 0.271
Fundamentals Value
Market Cap 31.14 Billion
Num Shares 358 Million
EPS 2.28
Price-to-Earnings (P/E) Ratio 38.17
Price-to-Sales 1.13
Price-to-Book 2.28
PEG Ratio 1.58
Dividend 1.52
Dividend Yield 1.75%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 90.71
Resistance 3 (R3) 91.10 90.26 90.09
Resistance 2 (R2) 90.26 89.33 90.07 89.89
Resistance 1 (R1) 88.65 88.75 88.23 88.26 89.68
Pivot Point 87.81 87.81 87.61 87.62 87.81
Support 1 (S1) 86.20 86.88 85.78 85.81 84.38
Support 2 (S2) 85.36 86.30 85.17 84.17
Support 3 (S3) 83.75 85.36 83.97
Support 4 (S4) 83.36