Grupo Aeroportuario del Centro Norte SAB de CV

OMAB remains entrenched in a Stage 3 downtrend, trading below all major moving averages and near its 52-week low, with volume pressure on down-days and weak momentum. The medium-term outlook is bearish, and short-term conditions lack a clear timing edge for immediate selling, so bearish execution should be deferred until relief rallies stall near the 9- to 20-day EMA resistance zone.

• ↑Passenger traffic reached 28.8M in 2025, up 8.5% YoY
• ↑Adjusted EBITDA hit 10.2B pesos, delivering a 74.5% margin
• ↓Concession taxes rose to 265M pesos after a 9% rate hike