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(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 2024-10-10 View latest technical analysis

10 day averaged volume of Methanex Corporation is 357480

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	42.92	43.16	43.28	42.81	0.793 times
09 Wed Oct 2024	43.16	42.59	43.34	42.47	0.423 times
08 Tue Oct 2024	42.78	44.00	44.70	42.33	0.901 times
07 Mon Oct 2024	44.90	44.60	45.44	44.34	1.005 times
04 Fri Oct 2024	44.57	45.00	45.00	44.22	0.98 times
03 Thu Oct 2024	44.24	42.82	44.32	42.40	1.822 times
02 Wed Oct 2024	42.82	42.50	42.95	42.05	1.191 times
01 Tue Oct 2024	42.04	41.12	42.20	40.72	1.546 times
30 Mon Sep 2024	41.34	41.64	41.64	40.51	0.72 times
27 Fri Sep 2024	41.63	41.92	42.65	41.60	0.548 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43.4 as stoploss in an intra day sell trade for a target of 41.38. However, stock will show a bullish move above 43.4.

Share price targets for Methanex Corporation (MEOH)

Target Type	Value
Downside Target	36.13
Downside Target	37.85
Downside Target	39.33
Downside Target	42.33
Upside Target	45.00
Upside Target	45.44
Upside Target	46.08
Upside Target	46.52
Upside Target	47.46
Upside Target	49.18
Upside Target	53.54
Upside Target	53.70

Intraday share price targets for Methanex Corporation (MEOH)

Target Type	Value
Downside Intraday Target	41.69
Downside Intraday Target	40.45
Upside Intraday Target	44.8
Upside Intraday Target	46.67
Upside Intraday Target	43.56

Weekly technical analysis of Methanex Corporation (MEOH)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	42.92	44.60	45.44	42.33	0.499 times
04 Fri Oct 2024	44.57	41.64	45.00	40.51	1.833 times
27 Fri Sep 2024	41.63	39.61	42.65	39.33	0.624 times
20 Fri Sep 2024	39.55	37.85	40.85	37.85	0.501 times
13 Fri Sep 2024	37.74	37.90	40.76	36.13	2.684 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
10 Thu Oct 2024	42.92	41.12	45.44	40.72	0.352 times
30 Mon Sep 2024	41.34	46.01	46.08	36.13	1.148 times
30 Fri Aug 2024	46.69	48.69	49.18	39.87	1.602 times
31 Wed Jul 2024	48.59	48.50	53.54	46.52	1.307 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 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 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 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 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 43.19 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.