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

Grade Last Price % Change Price Change
F 90.08 -1.18% -1.08
FMX closed down 1.18 percent on Friday, November 15, 2024, on 75 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.18%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 6 hours ago
Down 1% about 6 hours ago
Possible NR7 about 6 hours ago
Rose Above Lower Bollinger Band about 9 hours ago
Fell Below Previous Day's Low about 11 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 139.5138
52 Week Low 90.0
Average Volume 616,535
200-Day Moving Average 111.27
50-Day Moving Average 97.89
20-Day Moving Average 95.99
10-Day Moving Average 94.77
Average True Range 2.04
RSI (14) 24.81
ADX 24.27
+DI 11.14
-DI 32.74
Chandelier Exit (Long, 3 ATRs) 94.85
Chandelier Exit (Short, 3 ATRs) 96.13
Upper Bollinger Bands 100.52
Lower Bollinger Band 91.46
Percent B (%b) -0.15
BandWidth 9.44
MACD Line -1.70
MACD Signal Line -1.12
MACD Histogram -0.5836
Fundamentals Value
Market Cap 161.16 Billion
Num Shares 1.79 Billion
EPS 3.98
Price-to-Earnings (P/E) Ratio 22.63
Price-to-Sales 0.33
Price-to-Book 14.46
PEG Ratio 0.46
Dividend 3.66
Dividend Yield 4.06%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 92.51
Resistance 3 (R3) 92.75 92.19 92.11
Resistance 2 (R2) 92.19 91.57 92.07 91.97
Resistance 1 (R1) 91.13 91.19 90.85 90.89 91.83
Pivot Point 90.57 90.57 90.43 90.45 90.57
Support 1 (S1) 89.51 89.95 89.23 89.27 88.33
Support 2 (S2) 88.95 89.57 88.83 88.19
Support 3 (S3) 87.89 88.95 88.06
Support 4 (S4) 87.65