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AMX Stock Forecast & América Móvil Chart Analysis

This article provides a detailed analysis of AMX-América Móvil stock including a forecast for AMX shares. It features América Móvil, S.A.B. de C.V. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

AMX Historical Data Review

AMX Current Price Performance Analysis

The América Móvil - AMX stock traded on the American stock market, on 06-05-2024, closed at 17.89$ with a %0.39 increased compared to the previous day.

In the last month, the price of AMX changed by %-9.14 decreased in value, from 19.69 dollars on 05-06-2024 to 17.89 dollars, decreased.

Last year, the price of AMX was 22.38 dollars on 06-06-2023, and changed by %-20.06 decreased in value, to 17.89 dollars decreased within a year.

The price of América Móvil stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

AMX with AI Stock Forecast & Price Target

AMX stock forecast América Móvil price target

On the AMX chart América Móvil price was recorded as 17.89 Dollars on 06/05/2024.

The artificial intelligence's forecast on AMX stock is as follows.

The artificial intelligence's prediction error margin for AMX stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for América Móvil stock over the next 4 months is: 19.3 Dollars.

The commentary on AMX stock Target Price: Highest: 20.953 Dollars is predicted.

The commentary on AMX stock Target Price: Lowest: 17.466 Dollars is predicted.

Resistance Price where América Móvil stock will Rise and Fall:

Date Price Prediction
07-05-2024 20.475
11-22-2024 20.953
01-21-2025 18.092
02-20-2025 18.230

Support Price where América Móvil stock will Fall and Rise:

Date Price Prediction
08-19-2024 19.254
01-16-2025 18.088
01-31-2025 18.088
03-27-2025 17.466

The commentary on AMX stock: Fluctuations in the target price can be expected in the coming days.

The target price for América Móvil stock by the end of 2024 is predicted to be 18.806 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on AMX stock, and the 2024 target price predictions for América Móvil are detailed above.

The technical analysis and charts for the commentary on AMX stock are below.

AMX Support & Resistance and Trend Analysis

AMX review América Móvil technical analysis trend chart AMX priceAMX stock support and resistance price chart

AMX stock you have reviewed the technical analysis support resistance charts regarding.

AMX : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the AMX review, the América Móvil support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

América Móvil Support and Resistance Prices:

AMX Support Level Price AMX Resistance Level Price
16.84 18.57
17.12 18.70
17.53 18.89
17.62 19.22
17.81 19.43
18.00 19.46
18.05 19.61
18.06 20.31
18.20
18.24
18.52

AMX Technical Analysis: SMA, RSI, MACD

AMX review América Móvil SMA chart analysis AMX priceAMX buy or sell review América Móvil MACD chart analysis AMX price

Upon reviewing the AMX chart, buy and sell signals have been generated in the América Móvil technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for AMX stock are as follows:
  1. AMX technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for América Móvil gave a 'Buy' signal when the RSI was at 18.593, with the current RSI value at 24.566.
  3. The technical analysis for América Móvil indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

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