FMX Technical Signal Analysis
FMX have 3 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-03-11. The total price change during this trend is +1.37%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of FMX over last 5 trading day is $45,589,167.16
3 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
7
Bullish
Momentum (10 days)
MOM_10 > 0
3.62
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.65
Bullish
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
83.02
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
110.72
Bearish
Williams %R (14 days)
WILLR_14 > -20
-14.84
Bearish
Moving Average
Price crosses below 200-day SMA
--
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
7
Bullish
Momentum (10 days)
MOM_10 > 0
3.62
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.65
Bullish
FMX Support and Resistance Level
The support levels for FMX are at 92.47, 90.56, and 87.49, while the resistance levels are at 98.62, 100.53, and 103.61. With the current stock price at 97.71, it is leaning more toward the resistance levels.
FMX Technical Analysis
Technical Analysis of FMX Stock
Current Price and Trend
As of the latest data, FMX stock closed at $97.72 on 2025-03-07. The stock is currently trading near its resistance level of $97.38, as indicated by Fibonacci analysis.
Technical Indicators
- RSI (14-period): 73.14, which is in the overbought zone, suggesting potential selling pressure.
- MACD: Positive at 2.43, indicating bullish momentum, but the MACD histogram is declining slightly at 0.65.
- Stochastic Oscillator: %K (90.89) and %D (81.05) are in overbought territory, signaling a potential pullback.
- Bollinger Bands: The stock is nearing the upper band, which often acts as resistance.
- Fibonacci Levels:
- Resistance 1: $97.38
- Support 1: $93.42
Moving Averages
- SMA 20: $91.40
- SMA 50: $87.68
- SMA 200: $98.33
The stock is trading above its 20-day and 50-day moving averages, indicating a bullish trend. However, the overbought conditions on the RSI and Stochastic Oscillator suggest caution.
Price Action
The stock has been consolidating between $96.22 and $98.66. A breakout above $98.66 could lead to a rally toward $103.78, while a breakdown below $96.22 may trigger a decline to $93.42.
Recommendation
Based on the technical analysis, sell FMX stock at $97.72. The stock is overbought, and the resistance at $97.38 is likely to cap further upside. Target a price of $93.42 for the short-term pullback.
FMX FAQs
Which bull technical signals does FMX have?
Which bearish technical signals does FMX have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for FMX stock?
Is FMX a buy based on overall technical signals summary?
FMX Buy or Sell
FMX has 3 buy signals and 4 sell signals now. Overall the technical rating for FMX is Neutral.
Neutral
Sell
4
Buy
3
FMX Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 97.71 above the SMA_5. In the short term, the stock shows a positive trend with the 97.35 above the SMA_20. In the mid term, the stock shows a positive trend with the 93.26 above the SMA_60. In the long term, the stock shows a negative trend with the 88.2 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about FMX's current trend?What are FMX's key support and resistance levels?