(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 2024-03-01 View latest technical analysis
10 day averaged volume of Methanex Corporation is 383080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 44.25 | 45.02 | 45.58 | 44.14 | 0.797 times |
| 29 Thu Feb 2024 | 44.84 | 45.10 | 45.15 | 44.49 | 0.652 times |
| 28 Wed Feb 2024 | 45.06 | 44.23 | 45.15 | 43.81 | 0.512 times |
| 27 Tue Feb 2024 | 44.32 | 44.87 | 45.16 | 44.11 | 0.546 times |
| 26 Mon Feb 2024 | 44.58 | 43.93 | 44.67 | 43.81 | 0.437 times |
| 23 Fri Feb 2024 | 44.40 | 43.76 | 44.70 | 43.61 | 0.598 times |
| 22 Thu Feb 2024 | 44.06 | 44.00 | 44.38 | 43.72 | 0.746 times |
| 21 Wed Feb 2024 | 43.76 | 42.00 | 43.91 | 41.35 | 1.924 times |
| 20 Tue Feb 2024 | 41.97 | 44.65 | 44.67 | 41.95 | 2.82 times |
| 16 Fri Feb 2024 | 47.05 | 46.93 | 47.38 | 46.50 | 0.473 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 43.8 as stoploss in an intra day buy trade for a target of 44.98. However, stock will show a bearish move below 43.8.
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 40.79 |
| Downside Target | 42.79 |
| Downside Target | 43.81 |
| Upside Target | 45.58 |
| Upside Target | 45.80 |
| 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 | 43.51 |
| Downside Intraday Target | 42.78 |
| Upside Intraday Target | 45.28 |
| Upside Intraday Target | 46.32 |
| Upside Intraday Target | 44.55 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 44.25 | 43.93 | 45.58 | 43.81 | 0.484 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 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 |
| 01 Fri Mar 2024 | 44.25 | 45.02 | 45.58 | 44.14 | 0.04 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 |
| 29 Fri Dec 2023 | 47.36 | 42.63 | 49.48 | 41.79 | 1.154 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Methanex Corporation stock for short term is SELL. Signal strength is Weak 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 43.71 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Methanex Corporation stock for short term is SELL. Signal strength is Weak 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 43.71 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.