Last Update
5/22/2013
FMX
FOMENTO ECON ADR REPRESENTING 10
STAY SHORT
Last Pattern: BULLISH THREE GAP DOWNS
Last Close:
105.8800
Change:
-4.1500
Percent change
-3.77%
6 mo. Rating 3
$100⇨ 124.38
12 mo. Rating 3
$100⇨ 155.87
24 mo. Rating 2
$100⇨ 214.89
Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT recommendation was issued on 5/20/2013, 2 days ago, when the stock price was 114.5700. Since then FMX has fallen by -7.58%.
Market Outlook
With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls.


Intraday Module is ON. To follow the confirmation status, click here.
Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...
Signal History
6 mo.
12 mo.
24 mo.
Date
Price
Signal
$100⇨
5/20/2013114.5700SHORT 199.74
5/14/2013115.4800BUY 202.13
5/9/2013115.2900SHORT 203.28
5/2/2013114.1100BUY 202.01
4/17/2013123.2540SELL 202.41
4/10/2013121.6300BUY 200.14
4/8/2013117.2150SELL 200.54
3/26/2013111.0000BUY 190.29
3/18/2013110.7400SELL 190.67
3/12/2013109.9800BUY 189.74
2/27/2013112.7500SELL 190.12
2/13/2013109.6300BUY 185.23
2/8/2013109.4400SELL 185.60
1/25/2013108.9800BUY 185.19
1/18/2013106.6500SELL 185.56
12/28/201299.2950BUY 173.11
12/26/201299.6300SELL 173.46
12/17/201298.8600BUY 172.46
12/12/201299.3400SELL 172.81
11/13/201291.2450BUY 159.05
10/19/201295.9050SELL 159.37
10/4/201292.3600BUY 153.79
9/18/201291.5100SELL 154.10
8/28/201283.5000BUY 140.89
8/13/201286.6100SELL 141.17
8/7/201286.7100BUY 141.62
7/31/201287.6049SHORT 140.75
7/27/201286.0400BUY 138.79
7/18/201287.0700SELL 139.07
6/13/201279.5100BUY 127.25
6/11/201278.5500SHORT 129.34
6/6/201278.4000BUY 129.61
6/4/201277.4600SHORT 131.73
5/29/201280.5750BUY 137.58
5/14/201281.5300SELL 137.86
5/8/201281.6350BUY 138.31
4/30/201282.4200SELL 138.59
4/12/201282.2250BUY 138.54
4/10/201283.5700SELL 138.82
3/29/201277.6900BUY 129.31
3/15/201275.6300SELL 129.57
3/8/201273.7900BUY 126.67
3/5/201274.9550SELL 126.92
3/1/201275.4475BUY 128.01
2/21/201274.1008SELL 128.27
2/2/201272.3300BUY 125.46
1/27/201269.8900SHORT 130.52
1/25/201268.4300BUY 128.31
1/20/201269.0800SELL 128.57
1/18/201268.6450BUY 128.02
1/13/201269.3200SELL 128.28
1/10/201269.6900BUY 129.22
1/6/201269.3800SELL 129.48
12/16/201166.2700BUY 123.92
12/13/201166.4000SELL 124.17
11/29/201164.1000BUY 120.11
11/17/201165.9100SHORT 117.37
11/11/201167.0400BUY 119.86
11/10/201165.4600SHORT 123.32
11/7/201167.0400BUY 126.80
10/31/201168.0500SELL 127.05
10/24/201168.2700BUY 127.72
10/20/201168.4200SELL 127.98
10/4/201164.6600BUY 121.19
9/2/201168.1200SELL 121.43
8/31/201168.7100BUY 122.73
8/22/201168.1200SELL 122.98
8/11/201162.8800BUY 113.75
8/2/201171.8000SELL 113.98
7/22/201167.4800BUY 107.34
7/11/201167.2500SELL 107.56
6/21/201162.2200BUY 99.71
6/10/201162.7050SELL 99.91
6/2/201162.5100BUY 99.80
† Trade commissions taken as 0.20%.
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