(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 2024-07-22 View latest technical analysis
10 day averaged volume of Methanex Corporation is 211200
Date | Daily Closing Price | Open | High | Low | Volume |
22 Mon Jul 2024 | 49.60 | 49.21 | 49.69 | 49.02 | 0.763 times |
19 Fri Jul 2024 | 49.58 | 50.32 | 50.43 | 49.54 | 0.682 times |
18 Thu Jul 2024 | 50.65 | 52.00 | 52.45 | 50.47 | 1.072 times |
17 Wed Jul 2024 | 52.10 | 52.79 | 53.54 | 51.68 | 1.125 times |
16 Tue Jul 2024 | 52.92 | 51.51 | 53.03 | 50.91 | 0.794 times |
15 Mon Jul 2024 | 51.82 | 50.96 | 52.10 | 50.58 | 1.03 times |
12 Fri Jul 2024 | 51.08 | 50.94 | 51.54 | 50.81 | 0.861 times |
11 Thu Jul 2024 | 50.43 | 49.72 | 50.90 | 49.72 | 0.951 times |
10 Wed Jul 2024 | 49.86 | 47.56 | 49.86 | 47.56 | 1.247 times |
09 Tue Jul 2024 | 47.31 | 47.93 | 48.44 | 47.29 | 0.817 times |
My analysis of stock is bullish for shortterm, and stock might move up till 51 or till 53. Use a stoploss of 49.36 and if this stock hits its stoploss, then it can fall down till 47.73
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 |
Upside Target | 49.69 |
Upside Target | 51.42 |
Upside Target | 51.54 |
Upside Target | 53.54 |
Upside Target | 53.70 |
Upside Target | 56.43 |
Intraday share price targets for Methanex Corporation (MEOH)
Target Type | Value |
Downside Intraday Target | 49.18 |
Downside Intraday Target | 48.77 |
Upside Intraday Target | 49.85 |
Upside Intraday Target | 50.11 |
Downside Intraday Target | 49.44 |
Weekly technical analysis of Methanex Corporation (MEOH)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Mon Jul 2024 | 49.60 | 49.21 | 49.69 | 49.02 | 0.162 times |
19 Fri Jul 2024 | 49.58 | 50.96 | 53.54 | 49.54 | 0.888 times |
12 Fri Jul 2024 | 51.08 | 47.14 | 51.54 | 46.83 | 3.617 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 |
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 |
22 Mon Jul 2024 | 49.60 | 48.50 | 53.54 | 46.83 | 0.816 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Methanex Corporation in short term and the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 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 50.6 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Methanex Corporation in short term and the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 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 50.6 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 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.