(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.
Showing technical analysis as on 2024-02-21 View latest technical analysis
10 day averaged volume of Methanex Corporation is 410200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 43.76 | 42.00 | 43.91 | 41.35 | 1.797 times |
| 20 Tue Feb 2024 | 41.97 | 44.65 | 44.67 | 41.95 | 2.633 times |
| 16 Fri Feb 2024 | 47.05 | 46.93 | 47.38 | 46.50 | 0.442 times |
| 15 Thu Feb 2024 | 46.77 | 45.31 | 46.77 | 45.15 | 1.207 times |
| 14 Wed Feb 2024 | 45.13 | 45.30 | 45.62 | 45.03 | 0.598 times |
| 13 Tue Feb 2024 | 44.65 | 46.43 | 46.43 | 44.24 | 1.06 times |
| 12 Mon Feb 2024 | 46.59 | 46.09 | 46.96 | 46.07 | 1.455 times |
| 09 Fri Feb 2024 | 46.00 | 45.97 | 46.22 | 45.55 | 0.88 times |
| 08 Thu Feb 2024 | 45.97 | 45.41 | 46.99 | 45.21 | 0.689 times |
| 07 Wed Feb 2024 | 44.94 | 44.54 | 45.12 | 44.31 | 0.39 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.2, but if it comes above 44.2, then a intra day buy could be more profitable.
If you take a sell trade below 44.2, then use 44.2 as stoploss and 42.8 as target. However if you take a buy trade in stock , then use 44.2 as stoploss and 45.3 as target.
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 38.31 |
| Downside Target | 40.79 |
| Downside Target | 42.79 |
| Upside Target | 45.80 |
| Upside Target | 45.82 |
| Upside Target | 46.37 |
| Upside Target | 46.99 |
| Upside Target | 47.38 |
| Upside Target | 47.41 |
| Upside Target | 47.70 |
| Upside Target | 49.48 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 41.85 |
| Downside Intraday Target | 39.94 |
| Upside Intraday Target | 45.17 |
| Upside Intraday Target | 46.58 |
| Downside Intraday Target | 43.26 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 43.76 | 44.65 | 44.67 | 41.35 | 0.93 times |
| 16 Fri Feb 2024 | 47.05 | 46.09 | 47.38 | 44.24 | 1.36 times |
| 09 Fri Feb 2024 | 46.00 | 45.50 | 46.99 | 44.16 | 0.824 times |
| 02 Fri Feb 2024 | 46.14 | 45.45 | 47.41 | 44.14 | 2.063 times |
| 26 Fri Jan 2024 | 45.58 | 43.79 | 46.37 | 43.64 | 0.929 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 |
| 21 Wed Feb 2024 | 43.76 | 46.00 | 47.41 | 41.35 | 1.454 times |
| 31 Wed Jan 2024 | 44.32 | 47.05 | 47.70 | 42.79 | 0.887 times |
| 29 Fri Dec 2023 | 47.36 | 42.63 | 49.48 | 41.79 | 1.154 times |
| 30 Thu Nov 2023 | 42.69 | 41.25 | 45.80 | 40.79 | 0.552 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Methanex Corporation in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methanex Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 44.68 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Methanex Corporation in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methanex Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 44.68 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.