(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 2024-03-14 View latest technical analysis
10 day averaged volume of Methanex Corporation is 247820
Date | Daily Closing Price | Open | High | Low | Volume |
14 Thu Mar 2024 | 42.73 | 42.99 | 43.20 | 42.30 | 0.483 times |
13 Wed Mar 2024 | 43.08 | 42.65 | 43.35 | 42.57 | 0.486 times |
12 Tue Mar 2024 | 42.48 | 42.52 | 42.58 | 41.88 | 0.569 times |
11 Mon Mar 2024 | 42.38 | 41.79 | 42.39 | 41.59 | 0.662 times |
08 Fri Mar 2024 | 41.61 | 42.66 | 42.87 | 41.47 | 1.186 times |
07 Thu Mar 2024 | 42.45 | 42.37 | 43.01 | 42.12 | 1.201 times |
06 Wed Mar 2024 | 42.34 | 42.60 | 43.00 | 42.01 | 1.473 times |
05 Tue Mar 2024 | 42.06 | 43.00 | 43.40 | 41.99 | 1.153 times |
04 Mon Mar 2024 | 43.38 | 44.40 | 44.67 | 43.33 | 1.029 times |
01 Fri Mar 2024 | 44.25 | 45.02 | 45.58 | 44.14 | 1.233 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 42.2 as stoploss in an intra day buy trade for a target of 43.68. However, stock will show a bearish move below 42.2.
Share price targets for Methanex Corporation (MEOH)
Target Type | Value |
Downside Target | 40.79 |
Upside Target | 42.79 |
Upside Target | 44.67 |
Upside Target | 44.70 |
Upside Target | 45.58 |
Upside Target | 45.80 |
Upside Target | 47.38 |
Upside Target | 47.41 |
Upside Target | 47.70 |
Upside Target | 49.48 |
Intraday share price targets for Methanex Corporation (MEOH)
Target Type | Value |
Downside Intraday Target | 41.76 |
Downside Intraday Target | 40.8 |
Upside Intraday Target | 43.52 |
Upside Intraday Target | 44.32 |
Downside Intraday Target | 42.56 |
Weekly technical analysis of Methanex Corporation (MEOH)
Date | Weekly Closing Price | Open | High | Low | Volume |
14 Thu Mar 2024 | 42.73 | 41.79 | 43.35 | 41.59 | 0.364 times |
08 Fri Mar 2024 | 41.61 | 44.40 | 44.67 | 41.47 | 1.327 times |
01 Fri Mar 2024 | 44.25 | 43.93 | 45.58 | 43.81 | 0.484 times |
23 Fri Feb 2024 | 44.40 | 44.65 | 44.70 | 41.35 | 1.194 times |
16 Fri Feb 2024 | 47.05 | 46.09 | 47.38 | 44.24 | 1.36 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 |
14 Thu Mar 2024 | 42.73 | 45.02 | 45.58 | 41.47 | 0.305 times |
29 Thu Feb 2024 | 44.84 | 46.00 | 47.41 | 41.35 | 1.759 times |
31 Wed Jan 2024 | 44.32 | 47.05 | 47.70 | 42.79 | 0.887 times |
29 Fri Dec 2023 | 47.36 | 42.63 | 49.48 | 41.79 | 1.154 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Methanex Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 42.66 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 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 has given negative 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Methanex Corporation ( (MEOH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Methanex Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 42.66 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 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 has given negative 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.