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 - 1H - Technical analysis published on 07/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

AMERICA MOVIL S.A.B. DE C.V. ADS EACH - 1H

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 17.81 USD

My targets

18.27 USD (+1.39%)

18.64 USD (+3.44%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMERICA MOVIL S.A.B. DE C.V. ADS EACH as long as the price remains well above 17.81 USD. The buyers' bullish objective is set at 18.27 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18.64 USD. If there is any crossing, the next objective would be the resistance located at 19.03 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.6

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 price is 18.02 USD. On the day, this instrument gained +2.27% with the lowest point at 17.60 USD and the highest point at 18.07 USD. The deviation from the price is +2.39% for the low point and -0.28% for the high point.

17.60

18.07

18.02

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H 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. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	17.15	17.60	17.81	18.02	18.27	18.64	19.03
Change (%)	-4.83%	-2.33%	-1.17%	-	+1.39%	+3.44%	+5.60%
Change	-0.87	-0.42	-0.21	-	+0.25	+0.62	+1.01
Level	Major	Major	Minor	-	Intermediate	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.85	17.06	17.34	17.55	17.83	18.04	18.32
Camarilla	17.49	17.53	17.58	17.62	17.67	17.71	17.76
Woodie	16.89	17.08	17.38	17.57	17.87	18.06	18.36
Fibonacci	17.06	17.25	17.36	17.55	17.74	17.85	18.04

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.31	16.59	16.97	17.25	17.63	17.91	18.29
Camarilla	17.18	17.24	17.30	17.36	17.42	17.48	17.54
Woodie	16.37	16.62	17.03	17.28	17.69	17.94	18.35
Fibonacci	16.59	16.84	17.00	17.25	17.50	17.66	17.91

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.04	15.25	16.13	17.34	18.22	19.43	20.31
Camarilla	16.43	16.62	16.81	17.00	17.19	17.38	17.58
Woodie	13.87	15.17	15.96	17.26	18.05	19.35	20.14
Fibonacci	15.25	16.05	16.55	17.34	18.14	18.64	19.43

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	72.15
MACD (12,26,9):	0.2100
Directional Movement:	24.31
AROON (14):	85.71
DEMA (21):	17.94
Parabolic SAR (0,02-0,02-0,2):	17.79
Elder Ray (13):	0.19
Super Trend (3,10):	17.65
Zig ZAG (10):	17.99
VORTEX (21):	1.2600
Stochastique (14,3,5):	92.72
TEMA (21):	18.03
Williams %R (14):	-9.43
Chande Momentum Oscillator (20):	0.43
Repulse (5,40,3):	0.5500
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	6.32

MA7:	17.34
MA20:	17.03
MA50:	18.31
MA100:	18.48
MAexp7:	17.91
MAexp20:	17.67
MAexp50:	17.39
MAexp100:	17.31
Price / MA7:	+3.92%
Price / MA20:	+5.81%
Price / MA50:	-1.58%
Price / MA100:	-2.49%
Price / MAexp7:	+0.61%
Price / MAexp20:	+1.98%
Price / MAexp50:	+3.62%
Price / MAexp100:	+4.10%

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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