(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 2024-07-29 View latest technical analysis
10 day averaged volume of Methanex Corporation is 181223
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 47.56 | 47.51 | 48.12 | 47.05 | 1.001 times |
| 26 Fri Jul 2024 | 47.57 | 48.27 | 48.41 | 47.34 | 0.923 times |
| 25 Thu Jul 2024 | 47.94 | 47.68 | 48.70 | 47.21 | 0.785 times |
| 24 Wed Jul 2024 | 48.21 | 48.72 | 49.09 | 48.13 | 1.104 times |
| 23 Tue Jul 2024 | 48.93 | 49.48 | 49.48 | 48.56 | 0.818 times |
| 22 Mon Jul 2024 | 49.60 | 49.21 | 49.69 | 49.02 | 0.889 times |
| 19 Fri Jul 2024 | 49.58 | 50.32 | 50.43 | 49.54 | 0.795 times |
| 18 Thu Jul 2024 | 50.65 | 52.00 | 52.45 | 50.47 | 1.25 times |
| 17 Wed Jul 2024 | 52.10 | 52.79 | 53.54 | 51.68 | 1.312 times |
| 16 Tue Jul 2024 | 52.92 | 51.51 | 53.03 | 50.91 | 0.925 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.7, but if it comes above 47.7, then a intra day buy could be more profitable.
If you take a sell trade below 47.7, then use 47.7 as stoploss and 45.7 as target. However if you take a buy trade in stock , then use 47.7 as stoploss and 49.34 as target.
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 41.47 |
| Downside Target | 44.39 |
| Downside Target | 45.58 |
| Downside Target | 46.83 |
| Upside Target | 49.23 |
| Upside Target | 49.69 |
| Upside Target | 51.42 |
| Upside Target | 51.54 |
| Upside Target | 53.54 |
| Upside Target | 53.70 |
| Upside Target | 56.43 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 47.03 |
| Downside Intraday Target | 46.51 |
| Upside Intraday Target | 48.1 |
| Upside Intraday Target | 48.65 |
| Upside Intraday Target | 47.58 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 47.56 | 47.51 | 48.12 | 47.05 | 0.221 times |
| 26 Fri Jul 2024 | 47.57 | 49.21 | 49.69 | 47.21 | 0.824 times |
| 19 Fri Jul 2024 | 49.58 | 50.96 | 53.54 | 49.54 | 0.888 times |
| 12 Fri Jul 2024 | 51.08 | 47.14 | 51.54 | 46.83 | 3.617 times |
| 05 Fri Jul 2024 | 47.33 | 48.19 | 49.23 | 46.91 | 0.768 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 |
| 29 Mon Jul 2024 | 47.56 | 48.50 | 53.54 | 46.83 | 1.045 times |
| 28 Fri Jun 2024 | 48.26 | 53.68 | 53.70 | 47.46 | 0.675 times |
| 31 Fri May 2024 | 53.68 | 47.71 | 56.43 | 47.19 | 0.607 times |
| 30 Tue Apr 2024 | 47.91 | 44.70 | 51.42 | 44.39 | 1.86 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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.
Methanex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 positive zone. This is a BUY 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 49.64 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 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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.
Methanex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 positive zone. This is a BUY 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 49.64 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 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.