Investors Bid Up Shares of Fomento Economico Mexicano, Up 1.1% (FMX)

Fomento Economico Mexicano FMX is one of today's notable stocks on the rise, up 1.1% to $67.31. The S&P is currently trading 1.5% higher to 1,346 and the Dow Jones Industrial Average is trading 1.4% higher to 12,745.

Fomento Economico Mexicano is in SmarTrend's Beverages- Soft Drinks industry and this industry is currently in an Uptrend according to our research. We are monitoring many other stocks on the move within this industry.

In the last five trading sessions, the 50-day MA has climbed 0.5% while the 200-day MA has risen 0.41%.

In the past 52 weeks, shares of Fomento Economico Mexicano have traded between a low of $44.34 and a high of $68.89 and are now at $67.31, which is 52% above that low price.

SmarTrend currently has shares of Fomento Economico Mexicano in an Uptrend and issued the Uptrend alert on February 18, 2011 at $56.23. The stock has risen 18.4% since the Uptrend alert was issued.

Write to Chip Brian at cbrian@mysmartrend.com

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