(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 2024-03-13 View latest technical analysis
10 day averaged volume of Methanex Corporation is 255390
Date | Daily Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 43.08 | 42.65 | 43.35 | 42.57 | 0.472 times |
12 Tue Mar 2024 | 42.48 | 42.52 | 42.58 | 41.88 | 0.552 times |
11 Mon Mar 2024 | 42.38 | 41.79 | 42.39 | 41.59 | 0.642 times |
08 Fri Mar 2024 | 41.61 | 42.66 | 42.87 | 41.47 | 1.151 times |
07 Thu Mar 2024 | 42.45 | 42.37 | 43.01 | 42.12 | 1.166 times |
06 Wed Mar 2024 | 42.34 | 42.60 | 43.00 | 42.01 | 1.429 times |
05 Tue Mar 2024 | 42.06 | 43.00 | 43.40 | 41.99 | 1.119 times |
04 Mon Mar 2024 | 43.38 | 44.40 | 44.67 | 43.33 | 0.998 times |
01 Fri Mar 2024 | 44.25 | 45.02 | 45.58 | 44.14 | 1.196 times |
29 Thu Feb 2024 | 44.84 | 45.10 | 45.15 | 44.49 | 0.979 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.3 or till 40.5. Use a stoploss of 43.8 and if the stock hits stoploss, then it can shoot up till 45.3
Share price targets for Methanex Corporation (MEOH)
Target Type | Value |
Downside Target | 40.79 |
Downside Target | 42.79 |
Upside Target | 44.67 |
Upside Target | 44.70 |
Upside Target | 45.58 |
Upside Target | 45.80 |
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 |
Downside Intraday Target | 40.91 |
Upside Intraday Target | 43.76 |
Upside Intraday Target | 44.43 |
Downside Intraday Target | 42.67 |
Weekly technical analysis of Methanex Corporation (MEOH)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 43.08 | 41.79 | 43.35 | 41.59 | 0.284 times |
08 Fri Mar 2024 | 41.61 | 44.40 | 44.67 | 41.47 | 1.327 times |
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 |
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 |
13 Wed Mar 2024 | 43.08 | 45.02 | 45.58 | 41.47 | 0.289 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Methanex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 42.88 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Methanex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 42.88 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.