(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 2024-10-11 View latest technical analysis
10 day averaged volume of Methanex Corporation is 354980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 42.13 | 42.74 | 42.93 | 42.08 | 0.882 times |
| 10 Thu Oct 2024 | 42.92 | 43.16 | 43.28 | 42.81 | 0.798 times |
| 09 Wed Oct 2024 | 43.16 | 42.59 | 43.34 | 42.47 | 0.426 times |
| 08 Tue Oct 2024 | 42.78 | 44.00 | 44.70 | 42.33 | 0.908 times |
| 07 Mon Oct 2024 | 44.90 | 44.60 | 45.44 | 44.34 | 1.012 times |
| 04 Fri Oct 2024 | 44.57 | 45.00 | 45.00 | 44.22 | 0.987 times |
| 03 Thu Oct 2024 | 44.24 | 42.82 | 44.32 | 42.40 | 1.835 times |
| 02 Wed Oct 2024 | 42.82 | 42.50 | 42.95 | 42.05 | 1.2 times |
| 01 Tue Oct 2024 | 42.04 | 41.12 | 42.20 | 40.72 | 1.556 times |
| 30 Mon Sep 2024 | 41.34 | 41.64 | 41.64 | 40.51 | 0.725 times |
My analysis of stock is bullish for shortterm, and stock might move up till 43.4 or till 45.6. Use a stoploss of 41.6 and if this stock hits its stoploss, then it can fall down till 39.8
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 36.13 |
| Downside Target | 37.85 |
| Downside Target | 39.33 |
| Downside Target | 42.08 |
| 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 | 40.99 |
| Downside Intraday Target | 39.86 |
| Upside Intraday Target | 44.35 |
| Upside Intraday Target | 46.58 |
| Upside Intraday Target | 43.22 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 42.13 | 44.60 | 45.44 | 42.08 | 0.639 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 |
| 11 Fri Oct 2024 | 42.13 | 41.12 | 45.44 | 40.72 | 0.388 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 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 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 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 SELL. 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.
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 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Methanex Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 43.18 and Methanex Corporation (MEOH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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 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 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 SELL. 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.
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 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Methanex Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 43.18 and Methanex Corporation (MEOH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.