(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 2024-07-10 View latest technical analysis
10 day averaged volume of Methanex Corporation is 170670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 49.86 | 47.56 | 49.86 | 47.56 | 1.543 times |
| 09 Tue Jul 2024 | 47.31 | 47.93 | 48.44 | 47.29 | 1.011 times |
| 08 Mon Jul 2024 | 47.66 | 47.14 | 48.41 | 46.83 | 1.758 times |
| 05 Fri Jul 2024 | 47.33 | 48.82 | 49.23 | 46.91 | 1.242 times |
| 03 Wed Jul 2024 | 49.05 | 48.19 | 49.09 | 48.19 | 0.571 times |
| 03 Wed Jul 2024 | 49.05 | 48.19 | 49.09 | 48.19 | 0.571 times |
| 02 Tue Jul 2024 | 48.16 | 47.50 | 48.20 | 47.50 | 0.883 times |
| 01 Mon Jul 2024 | 47.61 | 48.50 | 48.57 | 47.16 | 0.906 times |
| 28 Fri Jun 2024 | 48.26 | 48.53 | 48.82 | 48.05 | 1.456 times |
| 27 Thu Jun 2024 | 48.22 | 48.50 | 48.50 | 47.86 | 0.65 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 49.8, for a target of 49 or 48.39
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 41.47 |
| Downside Target | 44.39 |
| Downside Target | 45.58 |
| Downside Target | 46.83 |
| Downside Target | 49.02 |
| Downside Target | 49.23 |
| Downside Target | 49.29 |
| Downside Target | 49.86 |
| Upside Target | 51.42 |
| Upside Target | 53.70 |
| Upside Target | 56.43 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 47.84 |
| Downside Intraday Target | 45.82 |
| Upside Intraday Target | 50.87 |
| Upside Intraday Target | 51.88 |
| Downside Intraday Target | 48.85 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 49.86 | 47.14 | 49.86 | 46.83 | 2.38 times |
| 05 Fri Jul 2024 | 47.33 | 48.19 | 49.23 | 46.91 | 0.768 times |
| 03 Wed Jul 2024 | 49.05 | 48.50 | 49.09 | 47.16 | 0.49 times |
| 28 Fri Jun 2024 | 48.26 | 48.37 | 49.29 | 47.46 | 1.536 times |
| 21 Fri Jun 2024 | 48.64 | 48.33 | 49.02 | 47.98 | 2.255 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Methanex Corporation (MEOH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 49.86 | 48.50 | 49.86 | 46.83 | 0.396 times |
| 28 Fri Jun 2024 | 48.26 | 53.68 | 53.70 | 47.46 | 0.675 times |
| 31 Fri May 2024 | 53.68 | 47.71 | 56.43 | 47.19 | 0.607 times |
| 30 Tue Apr 2024 | 47.91 | 44.70 | 51.42 | 44.39 | 1.86 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Methanex Corporation stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Methanex Corporation in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
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 and BUY 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 48.21 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 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 is giving positive 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Methanex Corporation stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Methanex Corporation in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
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 and BUY 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 48.21 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 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 is giving positive 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.