AMERICA MOVIL S.A.B. DE C.V. ADS EACH

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AMX
ISIN:

AMERICA MOVIL S.A.B. DE C.V. ADS EACH - Daily - Technical analysis published on 05/16/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
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AMERICA MOVIL S.A.B. DE C.V. ADS EACH - Daily

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 19.45 USD

My targets

20.34 USD (+2.06%)

21.75 USD (+9.13%)

My analysis

The bullish trend is currently very strong on AMERICA MOVIL S.A.B. DE C.V. ADS EACH. As long as the price remains above the support at 19.45 USD, you could try to benefit from the boom. The first bullish objective is located at 20.34 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 21.75 USD as an objective. Crossing it would then enable buyers to target 22.77 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AMERICA MOVIL S.A.B. DE C.V. ADS EACH rating is 19.93 USD. The price registered a decrease of -0.05% on the session and was traded between 19.79 USD and 19.98 USD over the period. The price is currently at +0.71% from its lowest and -0.25% from its highest.

19.79

19.98

19.93

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this AMERICA MOVIL S.A.B. DE C.V. ADS EACH chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	16.86	18.01	19.45	19.93	20.34	21.75	22.77
Change (%)	-15.40%	-9.63%	-2.41%	-	+2.06%	+9.13%	+14.25%
Change	-3.07	-1.92	-0.48	-	+0.41	+1.82	+2.84
Level	Minor	Intermediate	Intermediate	-	Major	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.43	19.67	19.80	20.04	20.17	20.41	20.54
Camarilla	19.84	19.87	19.91	19.94	19.97	20.01	20.04
Woodie	19.39	19.64	19.76	20.01	20.13	20.38	20.50
Fibonacci	19.67	19.81	19.90	20.04	20.18	20.27	20.41

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.49	18.87	19.52	19.90	20.55	20.93	21.58
Camarilla	19.89	19.98	20.08	20.17	20.26	20.36	20.45
Woodie	18.63	18.94	19.66	19.97	20.69	21.00	21.72
Fibonacci	18.87	19.26	19.51	19.90	20.29	20.54	20.93

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.99	16.76	17.91	18.68	19.83	20.60	21.75
Camarilla	18.53	18.71	18.88	19.06	19.24	19.41	19.59
Woodie	16.18	16.86	18.10	18.78	20.02	20.70	21.94
Fibonacci	16.76	17.49	17.95	18.68	19.41	19.87	20.60

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	61.06
MACD (12,26,9):	0.3800
Directional Movement:	14.38
AROON (14):	78.57
DEMA (21):	19.87
Parabolic SAR (0,02-0,02-0,2):	19.13
Elder Ray (13):	0.26
Super Trend (3,10):	18.77
Zig ZAG (10):	19.92
VORTEX (21):	1.1800
Stochastique (14,3,5):	78.64
TEMA (21):	20.12
Williams %R (14):	-27.29
Chande Momentum Oscillator (20):	0.85
Repulse (5,40,3):	-0.5200
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	14.11

MA7:	19.94
MA20:	19.27
MA50:	18.89
MA100:	18.59
MAexp7:	19.84
MAexp20:	19.41
MAexp50:	18.98
MAexp100:	18.77
Price / MA7:	-0.05%
Price / MA20:	+3.43%
Price / MA50:	+5.51%
Price / MA100:	+7.21%
Price / MAexp7:	+0.45%
Price / MAexp20:	+2.68%
Price / MAexp50:	+5.01%
Price / MAexp100:	+6.18%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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