(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 2024-06-03 View latest technical analysis
10 day averaged volume of Methanex Corporation is 242228
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 51.61 | 53.68 | 53.70 | 51.45 | 0.976 times |
| 31 Fri May 2024 | 53.68 | 53.27 | 53.80 | 52.59 | 0.861 times |
| 30 Thu May 2024 | 53.00 | 52.14 | 53.58 | 52.14 | 0.731 times |
| 29 Wed May 2024 | 52.35 | 52.76 | 52.76 | 52.00 | 0.517 times |
| 28 Tue May 2024 | 53.12 | 52.86 | 53.73 | 52.86 | 1.119 times |
| 23 Thu May 2024 | 52.28 | 52.68 | 52.68 | 51.85 | 0.883 times |
| 22 Wed May 2024 | 52.23 | 52.65 | 53.17 | 52.07 | 0.832 times |
| 21 Tue May 2024 | 53.46 | 54.37 | 54.50 | 52.81 | 0.98 times |
| 20 Mon May 2024 | 55.04 | 53.66 | 56.43 | 53.66 | 1.305 times |
| 17 Fri May 2024 | 53.65 | 53.68 | 54.28 | 53.46 | 1.337 times |
My analysis of stock is bearish for shortterm, and stock might move down till 50.1 or till 47.9. Use a stoploss of 51.96 and if the stock hits stoploss, then it can shoot up till 53.83
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 41.35 |
| Downside Target | 44.39 |
| Downside Target | 45.58 |
| Downside Target | 47.19 |
| Downside Target | 48.37 |
| Downside Target | 50.67 |
| Upside Target | 52.00 |
| Upside Target | 53.70 |
| Upside Target | 53.80 |
| Upside Target | 54.28 |
| Upside Target | 56.43 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 50.81 |
| Downside Intraday Target | 50 |
| Upside Intraday Target | 53.06 |
| Upside Intraday Target | 54.5 |
| Upside Intraday Target | 52.25 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 51.61 | 53.68 | 53.70 | 51.45 | 0.302 times |
| 31 Fri May 2024 | 53.68 | 52.86 | 53.80 | 52.00 | 0.807 times |
| 23 Thu May 2024 | 52.28 | 53.66 | 56.43 | 51.85 | 0.507 times |
| 17 Fri May 2024 | 53.65 | 50.92 | 54.28 | 50.67 | 1.698 times |
| 10 Fri May 2024 | 50.48 | 48.80 | 51.23 | 48.37 | 0.725 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 |
| 03 Mon Jun 2024 | 51.61 | 53.68 | 53.70 | 51.45 | 0.044 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 |
| 28 Thu Mar 2024 | 44.63 | 45.02 | 45.58 | 41.47 | 0.624 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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Methanex Corporation in short term but the sell signal is initial and weak.
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 and selling is picking up 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 53.18 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 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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Methanex Corporation in short term but the sell signal is initial and weak.
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 and selling is picking up 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 53.18 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.