AMERICA MOVIL S.A.B. DE C.V. ADS EACH - Daily - Technical analysis published on 01/12/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 18.04 USD
My targets
20.34 USD (+7.90%)
21.75 USD (+15.38%)
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 18.04 USD. The buyers' bullish objective is set at 20.34 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 21.75 USD. If there is any crossing, the next objective would be the resistance located at 22.77 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4
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
AMERICA MOVIL S.A.B. DE C.V. ADS EACH rating 18.85 USD. On the day, this instrument gained +2.17% with the lowest point at 18.48 USD and the highest point at 18.88 USD. The deviation from the price is +2.00% for the low point and -0.16% for the high point.18.48
18.88
18.85
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AMERICA MOVIL S.A.B. DE C.V. ADS EACH chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17.14 | 18.04 | 18.64 | 18.85 | 20.34 | 21.75 | 22.77 |
| Change (%) | -9.07% | -4.30% | -1.11% | - | +7.90% | +15.38% | +20.80% |
| Change | -1.71 | -0.81 | -0.21 | - | +1.49 | +2.90 | +3.92 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | 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 | 17.64 | 17.83 | 18.14 | 18.33 | 18.64 | 18.83 | 19.14 |
| Camarilla | 18.31 | 18.36 | 18.40 | 18.45 | 18.50 | 18.54 | 18.59 |
| Woodie | 17.70 | 17.86 | 18.20 | 18.36 | 18.70 | 18.86 | 19.20 |
| Fibonacci | 17.83 | 18.02 | 18.14 | 18.33 | 18.52 | 18.64 | 18.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.41 | 17.73 | 18.01 | 18.33 | 18.61 | 18.93 | 19.21 |
| Camarilla | 18.12 | 18.17 | 18.23 | 18.28 | 18.34 | 18.39 | 18.45 |
| Woodie | 17.38 | 17.72 | 17.98 | 18.32 | 18.58 | 18.92 | 19.18 |
| Fibonacci | 17.73 | 17.96 | 18.10 | 18.33 | 18.56 | 18.70 | 18.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.72 | 17.36 | 17.94 | 18.58 | 19.16 | 19.80 | 20.38 |
| Camarilla | 18.19 | 18.30 | 18.41 | 18.52 | 18.63 | 18.74 | 18.86 |
| Woodie | 16.69 | 17.35 | 17.91 | 18.57 | 19.13 | 19.79 | 20.35 |
| Fibonacci | 17.36 | 17.83 | 18.11 | 18.58 | 19.05 | 19.33 | 19.80 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.62 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 8.10 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 18.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.80 | |
| Elder Ray (13): | 0.28 | |
| Super Trend (3,10): | 17.68 | |
| Zig ZAG (10): | 18.82 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 61.84 | |
| TEMA (21): | 18.38 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.27 | |
| Repulse (5,40,3): | 3.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 2.86 |
| MA7: | 18.31 | |
| MA20: | 18.48 | |
| MA50: | 18.06 | |
| MA100: | 17.84 | |
| MAexp7: | 18.42 | |
| MAexp20: | 18.36 | |
| MAexp50: | 18.17 | |
| MAexp100: | 18.33 | |
| Price / MA7: | +2.95% | |
| Price / MA20: | +2.00% | |
| Price / MA50: | +4.37% | |
| Price / MA100: | +5.66% | |
| Price / MAexp7: | +2.33% | |
| Price / MAexp20: | +2.67% | |
| Price / MAexp50: | +3.74% | |
| Price / MAexp100: | +2.84% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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