(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 2024-05-29 View latest technical analysis
10 day averaged volume of Methanex Corporation is 315060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 52.35 | 52.76 | 52.76 | 52.00 | 0.397 times |
| 28 Tue May 2024 | 53.12 | 52.86 | 53.73 | 52.86 | 0.86 times |
| 23 Thu May 2024 | 52.28 | 52.68 | 52.68 | 51.85 | 0.679 times |
| 22 Wed May 2024 | 52.23 | 52.65 | 53.17 | 52.07 | 0.64 times |
| 21 Tue May 2024 | 53.46 | 54.37 | 54.50 | 52.81 | 0.754 times |
| 20 Mon May 2024 | 55.04 | 53.66 | 56.43 | 53.66 | 1.003 times |
| 17 Fri May 2024 | 53.65 | 53.68 | 54.28 | 53.46 | 1.028 times |
| 16 Thu May 2024 | 53.58 | 52.38 | 53.85 | 52.38 | 1.103 times |
| 15 Wed May 2024 | 52.70 | 53.30 | 53.34 | 52.07 | 1.004 times |
| 14 Tue May 2024 | 53.27 | 53.00 | 53.52 | 52.48 | 0.893 times |
My analysis of stock is bullish for shortterm, and stock might move up till 53.5 or till 56.2. Use a stoploss of 51.26 and if this stock hits its stoploss, then it can fall down till 49.01
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 41.35 |
| Downside Target | 42.79 |
| Downside Target | 44.39 |
| Downside Target | 45.58 |
| Downside Target | 47.19 |
| Downside Target | 50.67 |
| Downside Target | 51.42 |
| Downside Target | 51.85 |
| Downside Target | 52.00 |
| Upside Target | 53.73 |
| Upside Target | 54.28 |
| Upside Target | 56.43 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 51.66 |
| Downside Intraday Target | 50.96 |
| Upside Intraday Target | 53.39 |
| Upside Intraday Target | 54.42 |
| Upside Intraday Target | 52.69 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 52.35 | 52.86 | 53.73 | 52.00 | 0.409 times |
| 23 Thu May 2024 | 52.28 | 53.66 | 56.43 | 51.85 | 0.507 times |
| 17 Fri May 2024 | 53.65 | 50.92 | 54.28 | 50.67 | 1.698 times |
| 10 Fri May 2024 | 50.48 | 48.80 | 51.23 | 48.37 | 0.725 times |
| 03 Fri May 2024 | 48.23 | 48.91 | 50.68 | 47.19 | 0.766 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 |
| 29 Wed May 2024 | 52.35 | 47.71 | 56.43 | 47.19 | 0.564 times |
| 30 Tue Apr 2024 | 47.91 | 44.70 | 51.42 | 44.39 | 1.86 times |
| 28 Thu Mar 2024 | 44.63 | 45.02 | 45.58 | 41.47 | 0.624 times |
| 29 Thu Feb 2024 | 44.84 | 46.00 | 47.41 | 41.35 | 1.759 times |
Scroll below to view daily charts
Price has moved up 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 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 short 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Methanex Corporation in short term but the sell signal is initial and weak.
Methanex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Methanex Corporation in short term and SELL signal is strong!
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 53.3 and Methanex Corporation (MEOH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 short 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Methanex Corporation in short term but the sell signal is initial and weak.
Methanex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Methanex Corporation in short term and SELL signal is strong!
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 53.3 and Methanex Corporation (MEOH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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.