(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 283440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 47.77 | 48.57 | 50.91 | 46.46 | 3.347 times |
| 24 Wed Apr 2024 | 47.71 | 47.86 | 48.30 | 47.52 | 0.767 times |
| 23 Tue Apr 2024 | 47.95 | 47.54 | 48.18 | 47.18 | 0.579 times |
| 22 Mon Apr 2024 | 47.66 | 47.97 | 48.09 | 47.33 | 0.732 times |
| 19 Fri Apr 2024 | 47.91 | 47.10 | 49.14 | 47.10 | 2.266 times |
| 18 Thu Apr 2024 | 47.06 | 47.08 | 47.54 | 46.67 | 0.465 times |
| 17 Wed Apr 2024 | 46.89 | 47.60 | 48.08 | 46.81 | 0.936 times |
| 16 Tue Apr 2024 | 47.52 | 47.02 | 47.79 | 47.00 | 0.554 times |
| 15 Mon Apr 2024 | 47.53 | 48.29 | 48.43 | 47.18 | 1.126 times |
| 12 Fri Apr 2024 | 47.91 | 49.00 | 49.88 | 47.87 | 1.562 times |
Stock of Methanex Corporation (MEOH) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 46.3 or till 44.2. Use a stoploss of 48 and if the stock hits stoploss, then it can shoot up till 49.71
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 41.35 |
| Downside Target | 42.79 |
| Downside Target | 44.04 |
| Downside Target | 45.33 |
| Downside Target | 47.70 |
| Upside Target | 47.87 |
| Upside Target | 49.14 |
| Upside Target | 49.48 |
| 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 | 45.85 |
| Downside Intraday Target | 43.93 |
| Upside Intraday Target | 50.3 |
| Upside Intraday Target | 52.83 |
| Upside Intraday Target | 48.38 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 47.77 | 47.97 | 50.91 | 46.46 | 1.014 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 |
| 28 Thu Mar 2024 | 44.63 | 44.32 | 45.33 | 44.04 | 1.241 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 |
| 25 Thu Apr 2024 | 47.77 | 44.70 | 51.42 | 44.39 | 1.567 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 gaining 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Methanex Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Methanex Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.68 and Methanex Corporation (MEOH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 has given negative 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 gaining 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Methanex Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Methanex Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.68 and Methanex Corporation (MEOH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 has given negative 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.