America Movil SAB de CV

AMX remains in a Stage 2 advancing corrective reset, holding above the rising 50 DMA and 200 DMA with short-term EMAs repairing above. The medium-term structure is Bullish, and short-term pullbacks into the 9/21 EMA zone have shown no exhaustion, offering a favorable entry. Execution should focus on buying shallow pullbacks into the rising EMA area above the 50 DMA. Key risks include failure to hold EMA support, extended sideways consolidation, and transition into a Stage 3 distribution phase.

• ↑Forecasts call for 9.4% annual EPS growth and 3.7% revenue rise amid digital investments
• ↑Q4 2025 added 2.5 million wireless subs, postpaid up 8.4% YoY driving ARPU
• ↓MVNOs’ promotional pricing pressures ARPU and margins across prepaid services