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$16.90 (-3.06%)

Volume: 3k

Closed: Nov 26, 2021

Hollow Logo Score: -4.938

America Movil Stock Forecast

$16.90 (-3.06%)

Volume: 3k

Closed: Nov 26, 2021

Score Hollow Logo -4.938
Which way will AMOV go? Request
Key Stats
Beta 0.69
Trailing Dividend Rate 1.16% ($0.20)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 28 and the stock is currently not being overbought or oversold

Red day on Friday for America Movil
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-26

The America Movil stock price fell by -3.06% on the last day (Friday, 26th Nov 2021) from $17.43 to $16.90. During the day the stock fluctuated 1.49% from a day low at $16.75 to a day high of $17.00. The price has been going up and down for this period, and there has been a -6.45% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 thousand shares and in total, 3 thousand shares were bought and sold for approximately $52.09 thousand.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $16.62 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.25% during the next 3 months and, with a 90% probability hold a price between $15.58 and $17.40 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The America Movil stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $17.40 and $17.73. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, November 15, 2021, and so far it has fallen -9.72%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.25 between high and low, or 1.49%. For the last week the stock has had a daily average volatility of 1.74%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is America Movil stock A Buy?

America Movil holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.938

Predicted Opening Price for America Movil of Monday, November 29, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 29, 2021 Current price
$16.88 $16.90 (Overvalued)
Sell Candidate Unchanged

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Volatility and Risk
Daily Average Volatility: 1.74 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.74 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $18.07
Price: $16.90
No Support Found

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 17.13 1.38 %
17.04 0.82 %
16.98 0.47 %
Current price: 16.90
Support 16.79 -0.66 %
16.73 -1.01 %
16.63 -1.58 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 19.08 12.87 %
18.17 7.51 %
18.07 6.92 %
Current price 16.90
Support 0 .
0 .
0 .

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About America Movil

America Movil América Móvil, S.A.B. de C.V. provides telecommunications services in Mexico and internationally. It offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services, as well as network interconnection and public telephony services. The company also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; and data transmission, emai... Read more

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