(MEOH) Methanex Corporation complete technical analysis [charts+indicators] | Buy/Sell Methanex Corporation | (MEOH) share price targets
Complete technical analysis of Methanex Corporation (MEOH) by charts plus indicators, forecast predictions and share price targets for Methanex Corporation (MEOH)
Methanex Corporation trades in USA in Basic Industries sector.
10 day averaged volume of Methanex Corporation is 384640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 47.91 | 50.12 | 50.12 | 47.86 | 0.764 times |
| 29 Mon Apr 2024 | 50.40 | 48.91 | 50.68 | 48.72 | 1.615 times |
| 26 Fri Apr 2024 | 48.27 | 47.66 | 48.80 | 47.22 | 1.276 times |
| 25 Thu Apr 2024 | 47.77 | 48.57 | 50.91 | 46.46 | 2.466 times |
| 24 Wed Apr 2024 | 47.71 | 47.86 | 48.30 | 47.52 | 0.565 times |
| 23 Tue Apr 2024 | 47.95 | 47.54 | 48.18 | 47.18 | 0.427 times |
| 22 Mon Apr 2024 | 47.66 | 47.97 | 48.09 | 47.33 | 0.539 times |
| 19 Fri Apr 2024 | 47.91 | 47.10 | 49.14 | 47.10 | 1.67 times |
| 18 Thu Apr 2024 | 47.06 | 47.08 | 47.54 | 46.67 | 0.343 times |
| 17 Wed Apr 2024 | 46.89 | 47.60 | 48.08 | 46.81 | 0.69 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 47.3 as stoploss in an intra day buy trade for a target of 48.57. However, stock will show a bearish move below 47.3.
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 41.35 |
| Downside Target | 42.79 |
| Downside Target | 44.39 |
| Downside Target | 45.58 |
| Downside Target | 47.87 |
| Upside Target | 49.14 |
| Upside Target | 49.48 |
| Upside Target | 50.68 |
| Upside Target | 50.91 |
| Upside Target | 51.31 |
| Upside Target | 51.42 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 46.95 |
| Downside Intraday Target | 46 |
| Upside Intraday Target | 49.77 |
| Upside Intraday Target | 51.64 |
| Upside Intraday Target | 48.82 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 47.91 | 48.91 | 50.68 | 47.86 | 0.451 times |
| 26 Fri Apr 2024 | 48.27 | 47.97 | 50.91 | 46.46 | 1.338 times |
| 19 Fri Apr 2024 | 47.91 | 48.29 | 49.14 | 46.67 | 0.95 times |
| 12 Fri Apr 2024 | 47.91 | 51.23 | 51.42 | 47.87 | 0.553 times |
| 05 Fri Apr 2024 | 51.23 | 44.70 | 51.31 | 44.39 | 2.247 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Methanex Corporation (MEOH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 47.91 | 44.70 | 51.42 | 44.39 | 1.86 times |
| 28 Thu Mar 2024 | 44.63 | 45.02 | 45.58 | 41.47 | 0.624 times |
| 29 Thu Feb 2024 | 44.84 | 46.00 | 47.41 | 41.35 | 1.759 times |
| 31 Wed Jan 2024 | 44.32 | 47.05 | 47.70 | 42.79 | 0.887 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Methanex Corporation (MEOH)
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Methanex Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Methanex Corporation in short term but the sell signal is initial and weak.
Methanex Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Methanex Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Methanex Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 48.19 and Methanex Corporation (MEOH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Methanex Corporation (MEOH) stock. Volume based technical analysis of Methanex Corporation (MEOH) stock is negative.
Methanex Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Methanex Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Methanex Corporation in short term but the sell signal is initial and weak.
Methanex Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Methanex Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Methanex Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 48.19 and Methanex Corporation (MEOH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Methanex Corporation (MEOH) stock. Volume based technical analysis of Methanex Corporation (MEOH) stock is negative.
Methanex Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.