(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 2024-03-28 View latest technical analysis
10 day averaged volume of Methanex Corporation is 221240
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 44.63 | 45.00 | 45.00 | 44.31 | 1.662 times |
27 Wed Mar 2024 | 45.01 | 44.50 | 45.33 | 44.30 | 2.864 times |
26 Tue Mar 2024 | 44.40 | 44.04 | 44.52 | 44.04 | 0.749 times |
25 Mon Mar 2024 | 44.13 | 44.32 | 44.80 | 44.08 | 0.53 times |
22 Fri Mar 2024 | 44.34 | 44.30 | 44.55 | 44.21 | 0.369 times |
21 Thu Mar 2024 | 44.41 | 44.76 | 44.81 | 44.11 | 0.504 times |
20 Wed Mar 2024 | 44.86 | 44.14 | 44.95 | 44.08 | 2.335 times |
19 Tue Mar 2024 | 44.24 | 43.54 | 44.31 | 43.35 | 0.893 times |
18 Mon Mar 2024 | 43.44 | 43.06 | 43.54 | 42.85 | 0.575 times |
15 Fri Mar 2024 | 43.08 | 42.84 | 43.38 | 42.66 | 0.639 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.5, but if it comes below 44.5, then a intra day sell could be more profitable.
If you take a sell trade below 44.5, then use 44.5 as stoploss and 43.47 as target. However if you take a buy trade in stock , then use 44.5 as stoploss and 45.7 as target.
Share price targets for Methanex Corporation (MEOH)
Target Type | Value |
Downside Target | 40.79 |
Downside Target | 42.79 |
Upside Target | 44.67 |
Upside Target | 44.95 |
Upside Target | 45.33 |
Upside Target | 45.58 |
Upside Target | 45.80 |
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 | 44 |
Downside Intraday Target | 43.38 |
Upside Intraday Target | 45.29 |
Upside Intraday Target | 45.96 |
Upside Intraday Target | 44.67 |
Weekly technical analysis of Methanex Corporation (MEOH)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 44.63 | 44.32 | 45.33 | 44.04 | 1.241 times |
22 Fri Mar 2024 | 44.34 | 43.06 | 44.95 | 42.85 | 1.507 times |
15 Fri Mar 2024 | 43.08 | 41.79 | 43.38 | 41.59 | 0.459 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 |
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 |
28 Thu Mar 2024 | 44.63 | 45.02 | 45.58 | 41.47 | 0.624 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 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 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 mid to longer 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.
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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Methanex Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Methanex Corporation in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 44.54 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 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 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 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 mid to longer 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.
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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Methanex Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Methanex Corporation in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 44.54 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.