(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.
10 day averaged volume of Methanex Corporation is 298430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 42.19 | 41.44 | 42.35 | 40.83 | 2.367 times |
| 07 Thu Nov 2024 | 41.84 | 42.50 | 42.87 | 40.36 | 3.013 times |
| 06 Wed Nov 2024 | 38.97 | 40.16 | 40.24 | 38.78 | 1.442 times |
| 05 Tue Nov 2024 | 39.38 | 38.99 | 39.93 | 38.89 | 0.721 times |
| 04 Mon Nov 2024 | 39.19 | 39.59 | 40.23 | 39.19 | 0.747 times |
| 01 Fri Nov 2024 | 39.09 | 39.26 | 39.82 | 38.87 | 0.651 times |
| 31 Thu Oct 2024 | 39.17 | 39.52 | 39.63 | 38.75 | 0.75 times |
| 30 Wed Oct 2024 | 39.66 | 39.58 | 40.39 | 39.25 | 0.356 times |
| 29 Tue Oct 2024 | 39.37 | 39.92 | 40.02 | 39.15 | 0.984 times |
| 28 Mon Oct 2024 | 40.02 | 40.16 | 40.48 | 39.81 | 0.502 times |
Stock of Methanex Corporation (MEOH) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 42.4, for a target of 41.3 or 40.32
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 36.13 |
| Downside Target | 38.75 |
| Downside Target | 42.08 |
| Upside Target | 42.87 |
| 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 | 39.69 |
| Downside Intraday Target | 37.19 |
| Upside Intraday Target | 43.78 |
| Upside Intraday Target | 45.37 |
| Downside Intraday Target | 41.28 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 11 Fri Oct 2024 | 42.13 | 44.60 | 45.44 | 42.08 | 0.639 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 |
| 08 Fri Nov 2024 | 42.19 | 39.26 | 42.87 | 38.78 | 0.394 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 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 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 but buying 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 40.54 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 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 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 but buying 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 40.54 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.