(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 2024-11-12 View latest technical analysis
10 day averaged volume of Methanex Corporation is 381010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 42.33 | 42.00 | 42.78 | 41.25 | 0.786 times |
| 11 Mon Nov 2024 | 42.40 | 42.31 | 43.00 | 42.07 | 1.36 times |
| 08 Fri Nov 2024 | 42.19 | 41.44 | 42.35 | 40.83 | 1.854 times |
| 07 Thu Nov 2024 | 41.84 | 42.50 | 42.87 | 40.36 | 2.36 times |
| 06 Wed Nov 2024 | 38.97 | 40.16 | 40.24 | 38.78 | 1.129 times |
| 05 Tue Nov 2024 | 39.38 | 38.99 | 39.93 | 38.89 | 0.565 times |
| 04 Mon Nov 2024 | 39.19 | 39.59 | 40.23 | 39.19 | 0.585 times |
| 01 Fri Nov 2024 | 39.09 | 39.26 | 39.82 | 38.87 | 0.51 times |
| 31 Thu Oct 2024 | 39.17 | 39.52 | 39.63 | 38.75 | 0.587 times |
| 30 Wed Oct 2024 | 39.66 | 39.58 | 40.39 | 39.25 | 0.279 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.5, but if it comes below 41.5, then a intra day sell could be more profitable.
If you take a sell trade below 41.5, then use 41.5 as stoploss and 40.42 as target. However if you take a buy trade in stock , then use 41.5 as stoploss and 42.8 as target.
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 36.13 |
| Downside Target | 38.75 |
| Upside Target | 42.46 |
| Upside Target | 42.87 |
| Upside Target | 43.00 |
| Upside Target | 45.44 |
| Upside Target | 46.08 |
| Upside Target | 46.52 |
| Upside Target | 49.18 |
| Upside Target | 53.54 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 41.39 |
| Downside Intraday Target | 40.44 |
| Upside Intraday Target | 43.14 |
| Upside Intraday Target | 43.94 |
| Downside Intraday Target | 42.19 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 42.33 | 42.31 | 43.00 | 41.25 | 0.331 times |
| 08 Fri Nov 2024 | 42.19 | 39.59 | 42.87 | 38.78 | 2.557 times |
| 01 Fri Nov 2024 | 39.09 | 40.16 | 40.48 | 38.75 | 0.685 times |
| 25 Fri Oct 2024 | 40.56 | 40.77 | 40.88 | 39.38 | 1.199 times |
| 18 Fri Oct 2024 | 40.53 | 41.62 | 42.46 | 40.47 | 0.824 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 |
| 12 Tue Nov 2024 | 42.33 | 39.26 | 43.00 | 38.78 | 0.515 times |
| 31 Thu Oct 2024 | 39.17 | 41.12 | 45.44 | 38.75 | 0.77 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 |
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 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 short 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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Methanex Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 41.05 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 positive
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 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 short 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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Methanex Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 41.05 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.