(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 2024-08-15 View latest technical analysis
10 day averaged volume of Methanex Corporation is 482268
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 45.47 | 45.29 | 45.87 | 45.22 | 0.348 times |
| 14 Wed Aug 2024 | 44.36 | 44.30 | 44.61 | 43.78 | 0.509 times |
| 13 Tue Aug 2024 | 44.52 | 42.84 | 44.84 | 42.84 | 1.26 times |
| 12 Mon Aug 2024 | 42.98 | 42.22 | 43.15 | 42.22 | 0.797 times |
| 09 Fri Aug 2024 | 42.22 | 42.22 | 42.67 | 42.06 | 0.726 times |
| 08 Thu Aug 2024 | 42.22 | 40.89 | 42.68 | 40.89 | 0.952 times |
| 07 Wed Aug 2024 | 40.68 | 43.27 | 44.17 | 40.59 | 1.464 times |
| 06 Tue Aug 2024 | 42.20 | 41.81 | 42.68 | 41.51 | 0.764 times |
| 05 Mon Aug 2024 | 41.51 | 41.45 | 41.65 | 39.87 | 1.564 times |
| 02 Fri Aug 2024 | 43.03 | 44.50 | 45.12 | 41.85 | 1.35 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.6 or till 39.2. Use a stoploss of 45.48 and if the stock hits stoploss, then it can shoot up till 48.35
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 39.87 |
| Downside Target | 41.85 |
| Downside Target | 44.17 |
| Upside Target | 45.87 |
| Upside Target | 49.18 |
| Upside Target | 49.69 |
| Upside Target | 49.80 |
| Upside Target | 51.42 |
| 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 | 43.17 |
| Downside Intraday Target | 40.87 |
| Upside Intraday Target | 46.82 |
| Upside Intraday Target | 48.17 |
| Downside Intraday Target | 44.52 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 45.47 | 42.22 | 45.87 | 42.22 | 0.533 times |
| 09 Fri Aug 2024 | 42.22 | 41.45 | 44.17 | 39.87 | 1.264 times |
| 02 Fri Aug 2024 | 43.03 | 47.51 | 49.80 | 41.85 | 2.549 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 |
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 |
| 15 Thu Aug 2024 | 45.47 | 48.69 | 49.18 | 39.87 | 1.043 times |
| 31 Wed Jul 2024 | 48.59 | 48.50 | 53.54 | 46.52 | 1.307 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 |
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 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 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 BUY. Signal strength is Weak and stock is gaining 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 red color and prices are in or above the red 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 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 42.57 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 red color and prices are in or above the red 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 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 42.57 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.