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Bullish MACD for FMX

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July 19, 2010 | Comment(s): 0
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FMX
Fomento Economico Mexicano SAB ’s (FMX - Analyst Report) MACD indicator has entered into bullish territory with a reading of 0.2725. The Zacks #1 Rank (“Strong Buy”) stock rose slightly to $45.34 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2010 has increased 8 cents over the past two months to $2.88 per share.

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