(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 2024-02-23 View latest technical analysis
10 day averaged volume of Methanex Corporation is 469950
Date | Daily Closing Price | Open | High | Low | Volume |
23 Fri Feb 2024 | 44.40 | 43.76 | 44.70 | 43.61 | 0.487 times |
22 Thu Feb 2024 | 44.06 | 44.00 | 44.38 | 43.72 | 0.608 times |
21 Wed Feb 2024 | 43.76 | 42.00 | 43.91 | 41.35 | 1.568 times |
20 Tue Feb 2024 | 41.97 | 44.65 | 44.67 | 41.95 | 2.298 times |
16 Fri Feb 2024 | 47.05 | 46.93 | 47.38 | 46.50 | 0.386 times |
15 Thu Feb 2024 | 46.77 | 45.31 | 46.77 | 45.15 | 1.054 times |
14 Wed Feb 2024 | 45.13 | 45.30 | 45.62 | 45.03 | 0.522 times |
13 Tue Feb 2024 | 44.65 | 46.43 | 46.43 | 44.24 | 0.925 times |
12 Mon Feb 2024 | 46.59 | 46.09 | 46.96 | 46.07 | 1.27 times |
09 Fri Feb 2024 | 46.00 | 45.97 | 46.22 | 45.55 | 0.768 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 44 as stoploss in an intra day buy trade for a target of 45.17. However, stock will show a bearish move below 44.
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 | 42.27 |
Downside Intraday Target | 40.13 |
Upside Intraday Target | 45.62 |
Upside Intraday Target | 46.83 |
Downside Intraday Target | 43.48 |
Weekly technical analysis of Methanex Corporation (MEOH)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Fri Feb 2024 | 44.40 | 44.65 | 44.70 | 41.35 | 1.194 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 |
23 Fri Feb 2024 | 44.40 | 46.00 | 47.41 | 41.35 | 1.572 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 44.54 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 44.54 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.