(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 319970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 41.07 | 41.22 | 41.40 | 40.70 | 0.593 times |
| 16 Wed Oct 2024 | 41.30 | 41.42 | 42.46 | 41.00 | 0.847 times |
| 15 Tue Oct 2024 | 40.89 | 41.15 | 41.49 | 40.60 | 0.949 times |
| 14 Mon Oct 2024 | 41.82 | 41.62 | 42.14 | 41.25 | 0.606 times |
| 11 Fri Oct 2024 | 42.13 | 42.74 | 42.93 | 42.08 | 0.979 times |
| 10 Thu Oct 2024 | 42.92 | 43.16 | 43.28 | 42.81 | 0.886 times |
| 09 Wed Oct 2024 | 43.16 | 42.59 | 43.34 | 42.47 | 0.472 times |
| 08 Tue Oct 2024 | 42.78 | 44.00 | 44.70 | 42.33 | 1.007 times |
| 07 Mon Oct 2024 | 44.90 | 44.60 | 45.44 | 44.34 | 1.123 times |
| 04 Fri Oct 2024 | 44.57 | 45.00 | 45.00 | 44.22 | 1.095 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 40.5 as stoploss in an intra day buy trade for a target of 41.96. However, stock will show a bearish move below 40.5.
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 36.13 |
| Downside Target | 37.85 |
| Downside Target | 39.33 |
| Upside Target | 42.08 |
| Upside Target | 45.00 |
| Upside Target | 45.44 |
| Upside Target | 46.08 |
| Upside Target | 46.52 |
| Upside Target | 47.46 |
| Upside Target | 49.18 |
| Upside Target | 53.54 |
| Upside Target | 53.70 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 40.29 |
| Downside Intraday Target | 39.52 |
| Upside Intraday Target | 42.15 |
| Upside Intraday Target | 43.24 |
| Upside Intraday Target | 41.38 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 41.07 | 41.62 | 42.46 | 40.60 | 0.671 times |
| 11 Fri Oct 2024 | 42.13 | 44.60 | 45.44 | 42.08 | 0.639 times |
| 04 Fri Oct 2024 | 44.57 | 41.64 | 45.00 | 40.51 | 1.833 times |
| 27 Fri Sep 2024 | 41.63 | 39.61 | 42.65 | 39.33 | 0.624 times |
| 20 Fri Sep 2024 | 39.55 | 37.85 | 40.85 | 37.85 | 0.501 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 |
| 17 Thu Oct 2024 | 41.07 | 41.12 | 45.44 | 40.60 | 0.497 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 |
| 31 Wed Jul 2024 | 48.59 | 48.50 | 53.54 | 46.52 | 1.307 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Methanex Corporation stock for short term is SELL. Signal strength is Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 42.71 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Methanex Corporation stock for short term is SELL. Signal strength is Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 42.71 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.