Market update
What happened
Grupo Aeroportuario del Pacifico SAB De CV ADR (PAC) closed the latest week at $235.64 ahead of its scheduled July 20 earnings report for the quarter ended June 30. The ADR fell 7.1% over one week and is down 6.2% over twelve weeks.
The confirmation is mixed. The four-week move is only -0.5%, but the trend signal is inactive, Market Dynamics show slight weakness at -0.05, and Relative Strength stands at -13.7. Volume was also below its 13-week average, with latest turnover at 0.87 times the recent pace.