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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 2025-01-24 View latest technical analysis

10 day averaged volume of Methanex Corporation is 370180

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	50.78	50.92	51.20	50.32	0.625 times
23 Thu Jan 2025	50.89	49.72	51.07	49.68	1.124 times
22 Wed Jan 2025	49.77	50.84	50.99	49.74	0.921 times
21 Tue Jan 2025	50.84	49.61	51.17	48.76	1.862 times
17 Fri Jan 2025	49.32	50.35	50.35	49.13	1.295 times
17 Fri Jan 2025	49.32	50.35	50.35	49.13	1.295 times
16 Thu Jan 2025	49.85	50.00	50.45	49.08	0.511 times
15 Wed Jan 2025	50.19	50.07	50.72	50.07	0.525 times
14 Tue Jan 2025	49.47	48.35	49.66	48.22	0.691 times
13 Mon Jan 2025	48.05	47.39	48.44	47.39	0.752 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 50.5, but if it comes below 50.5, then a intra day sell could be more profitable.
If you take a sell trade below 50.5, then use 50.5 as stoploss and 49.58 as target. However if you take a buy trade in stock , then use 50.5 as stoploss and 51.6 as target.

Share price targets for Methanex Corporation (MEOH)

Target Type	Value
Downside Target	36.13
Downside Target	38.75
Downside Target	45.26
Downside Target	47.12
Downside Target	49.13
Downside Target	50.12
Downside Target	50.14
Downside Target	50.35
Downside Target	50.72
Upside Target	51.20
Upside Target	51.43

Intraday share price targets for Methanex Corporation (MEOH)

Target Type	Value
Downside Intraday Target	49.29
Downside Intraday Target	47.81
Upside Intraday Target	51.73
Upside Intraday Target	52.69
Downside Intraday Target	50.25

Weekly technical analysis of Methanex Corporation (MEOH)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	50.78	49.61	51.20	48.76	3.502 times
17 Fri Jan 2025	49.32	50.35	50.35	49.13	0.343 times
17 Fri Jan 2025	49.32	47.39	50.72	47.39	2 times
10 Fri Jan 2025	47.71	50.12	50.12	47.12	0.549 times
08 Wed Jan 2025	48.45	49.96	51.43	48.14	0.912 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Methanex Corporation (MEOH)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	50.78	50.39	51.43	47.12	1.1 times
31 Tue Dec 2024	49.94	48.27	50.14	45.26	0.87 times
26 Tue Nov 2024	46.29	39.26	47.34	38.78	0.955 times
31 Thu Oct 2024	39.17	41.12	45.44	38.75	0.77 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Methanex Corporation ( (MEOH) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Methanex Corporation in short term and the buy signal is strong.

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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 49.92 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.