Bullish Two Hundred Day Moving Average Cross - FMX

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In trading on Wednesday, shares of Fomento Economico Mexicano, S.A.B. de C.V. (Symbol: FMX) crossed above their 200 day moving average of $94.61, changing hands as high as $95.11 per share. Fomento Economico Mexicano, S.A.B. de C.V. shares are currently trading up about 3% on the day. The chart below shows the one year performance of FMX shares, versus its 200 day moving average: Fomento Economico Mexicano, S.A.B. de C.V. 200 Day Moving Average Chart

Looking at the chart above, FMX's low point in its 52 week range is $82.36 per share, with $124.455 as the 52 week high point - that compares with a last trade of $95.03.

According to the ETF Finder at ETF Channel, FMX makes up 3.47% of the Vanguard FTSE Emerging Markets ETF (Symbol: VWO) which is trading higher by about 0.9% on the day Wednesday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas

Referenced Stocks: FMX , VWO

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