(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 2024-02-26 View latest technical analysis
10 day averaged volume of Methanex Corporation is 464610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 44.58 | 43.93 | 44.67 | 43.81 | 0.361 times |
| 23 Fri Feb 2024 | 44.40 | 43.76 | 44.70 | 43.61 | 0.493 times |
| 22 Thu Feb 2024 | 44.06 | 44.00 | 44.38 | 43.72 | 0.615 times |
| 21 Wed Feb 2024 | 43.76 | 42.00 | 43.91 | 41.35 | 1.586 times |
| 20 Tue Feb 2024 | 41.97 | 44.65 | 44.67 | 41.95 | 2.325 times |
| 16 Fri Feb 2024 | 47.05 | 46.93 | 47.38 | 46.50 | 0.39 times |
| 15 Thu Feb 2024 | 46.77 | 45.31 | 46.77 | 45.15 | 1.066 times |
| 14 Wed Feb 2024 | 45.13 | 45.30 | 45.62 | 45.03 | 0.528 times |
| 13 Tue Feb 2024 | 44.65 | 46.43 | 46.43 | 44.24 | 0.936 times |
| 12 Mon Feb 2024 | 46.59 | 46.09 | 46.96 | 46.07 | 1.285 times |
My analysis of stock is bearish for shortterm, and stock might move down till 43.9 or till 42.5. Use a stoploss of 45.12 and if the stock hits stoploss, then it can shoot up till 46.29
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 38.31 |
| Downside Target | 40.79 |
| Downside Target | 42.79 |
| Downside Target | 43.81 |
| Upside Target | 45.80 |
| Upside Target | 45.82 |
| 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 | 44.04 |
| Downside Intraday Target | 43.49 |
| Upside Intraday Target | 44.9 |
| Upside Intraday Target | 45.21 |
| Downside Intraday Target | 44.35 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 44.58 | 43.93 | 44.67 | 43.81 | 0.072 times |
| 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 |
Price has moved up 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 |
| 26 Mon Feb 2024 | 44.58 | 46.00 | 47.41 | 41.35 | 1.61 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 44.42 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 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 44.42 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.