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

Grade Last Price % Change Price Change
grade A 93.41 -0.34% -0.32
FMX closed down 0.34 percent on Friday, January 18, 2019, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Flat
See historical FMX trend table...

Date Alert Name Type % Chg
Jan 18 1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Jan 18 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Down 3 Days in a Row Weakness 0.00%
Jan 17 Overbought Stochastic Strength -0.34%
Jan 16 Inside Day Range Contraction -0.84%
Jan 16 Overbought Stochastic Strength -0.84%
Jan 15 Overbought Stochastic Strength -0.95%
Jan 14 New Uptrend Bullish 0.10%
Jan 14 Slingshot Bullish Bullish Swing Setup 0.10%

Older signals for FMX ...

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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.
Is FMX a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 101.12
52 Week Low 80.86
Average Volume 529,318
200-Day Moving Average 91.1817
50-Day Moving Average 86.995
20-Day Moving Average 89.4315
10-Day Moving Average 93.086
Average True Range 1.8926
ADX 32.22
+DI 27.0244
-DI 10.1922
Chandelier Exit (Long, 3 ATRs ) 89.1522
Chandelier Exit (Short, 3 ATRs ) 87.0878
Upper Bollinger Band 97.3291
Lower Bollinger Band 81.5339
Percent B (%b) 0.75
BandWidth 17.661786
MACD Line 2.31
MACD Signal Line 1.8255
MACD Histogram 0.4845
Fundamentals Value
Market Cap 33.42 Billion
Num Shares 358 Million
EPS 3.39
Price-to-Earnings (P/E) Ratio 27.55
Price-to-Sales 1.27
Price-to-Book 2.87
PEG Ratio 2.15
Dividend 1.35
Dividend Yield 1.45%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 95.00
Resistance 3 (R3) 95.12 94.70 94.74
Resistance 2 (R2) 94.70 94.30 94.65 94.65
Resistance 1 (R1) 94.06 94.05 93.85 93.94 94.56
Pivot Point 93.64 93.64 93.54 93.59 93.64
Support 1 (S1) 93.00 93.24 92.79 92.88 92.26
Support 2 (S2) 92.58 92.99 92.53 92.17
Support 3 (S3) 91.94 92.58 92.09
Support 4 (S4) 91.82