(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 2024-08-21 View latest technical analysis
10 day averaged volume of Methanex Corporation is 362086
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 44.77 | 44.96 | 44.96 | 44.38 | 0.527 times |
| 20 Tue Aug 2024 | 44.46 | 44.48 | 45.03 | 43.94 | 1.06 times |
| 19 Mon Aug 2024 | 44.83 | 45.25 | 45.44 | 44.58 | 0.209 times |
| 16 Fri Aug 2024 | 45.07 | 45.04 | 45.39 | 44.44 | 0.664 times |
| 15 Thu Aug 2024 | 45.47 | 45.29 | 45.87 | 45.22 | 0.463 times |
| 14 Wed Aug 2024 | 44.36 | 44.30 | 44.61 | 43.78 | 0.678 times |
| 13 Tue Aug 2024 | 44.52 | 42.84 | 44.84 | 42.84 | 1.678 times |
| 12 Mon Aug 2024 | 42.98 | 42.22 | 43.15 | 42.22 | 1.061 times |
| 09 Fri Aug 2024 | 42.22 | 42.22 | 42.67 | 42.06 | 0.967 times |
| 08 Thu Aug 2024 | 42.22 | 40.89 | 42.68 | 40.89 | 1.268 times |
My analysis of stock is bullish for shortterm, and stock might move up till 46.8 or till 49.5. Use a stoploss of 44.62 and if this stock hits its stoploss, then it can fall down till 42.4
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 39.87 |
| Downside Target | 41.85 |
| Downside Target | 43.94 |
| Upside Target | 45.44 |
| Upside Target | 47.46 |
| Upside Target | 49.18 |
| Upside Target | 49.69 |
| Upside Target | 49.80 |
| Upside Target | 51.42 |
| 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 | 43.99 |
| Downside Intraday Target | 43.22 |
| Upside Intraday Target | 45.49 |
| Upside Intraday Target | 46.22 |
| Downside Intraday Target | 44.72 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 44.77 | 45.25 | 45.44 | 43.94 | 0.395 times |
| 16 Fri Aug 2024 | 45.07 | 42.22 | 45.87 | 42.22 | 0.624 times |
| 09 Fri Aug 2024 | 42.22 | 41.45 | 44.17 | 39.87 | 1.264 times |
| 02 Fri Aug 2024 | 43.03 | 47.51 | 49.80 | 41.85 | 2.549 times |
| 26 Fri Jul 2024 | 47.57 | 49.21 | 49.69 | 47.21 | 0.824 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 |
| 21 Wed Aug 2024 | 44.77 | 48.69 | 49.18 | 39.87 | 1.23 times |
| 31 Wed Jul 2024 | 48.59 | 48.50 | 53.54 | 46.52 | 1.307 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 |
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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 43.83 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 43.83 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.