On Friday, Fomento Econ Mex ADR received a positive adjustment to its Relative Strength (RS) Rating, from 69 to 79.
This unique rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their largest runs. See if Fomento Econ Mex ADR can continue to rebound and hit that benchmark.
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While Fomento Econ Mex ADR is not near an ideal buy point right now, see if it is able to form and break out of a proper consolidation.
Fomento Econ Mex ADR posted negative growth for both sales and earnings last quarter. The company is expected to release its next quarterly numbers on or around Apr. 25.
The company earns the No. 10 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands, Coca-Cola Consolidated and Coca-Cola Femsa ADR are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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