(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 2024-09-05 View latest technical analysis
10 day averaged volume of Methanex Corporation is 241790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 44.97 | 44.93 | 45.45 | 44.66 | 1.054 times |
| 04 Wed Sep 2024 | 44.60 | 44.55 | 45.15 | 44.32 | 1.11 times |
| 03 Tue Sep 2024 | 44.52 | 46.01 | 46.08 | 44.46 | 1.527 times |
| 30 Fri Aug 2024 | 46.69 | 46.05 | 46.82 | 46.05 | 0.872 times |
| 30 Fri Aug 2024 | 46.69 | 46.05 | 46.82 | 46.05 | 0.872 times |
| 29 Thu Aug 2024 | 46.24 | 45.64 | 47.00 | 45.47 | 1.496 times |
| 28 Wed Aug 2024 | 45.19 | 45.37 | 45.89 | 45.11 | 0.609 times |
| 27 Tue Aug 2024 | 46.27 | 46.40 | 46.48 | 45.60 | 0.501 times |
| 26 Mon Aug 2024 | 46.41 | 46.27 | 47.56 | 46.27 | 1.085 times |
| 23 Fri Aug 2024 | 46.05 | 44.93 | 46.69 | 44.93 | 1.34 times |
My analysis of stock is bearish for shortterm, and stock might move down till 43.9 or till 42.6. Use a stoploss of 45.05 and if the stock hits stoploss, then it can shoot up till 46.18
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 39.87 |
| Downside Target | 42.22 |
| Downside Target | 43.94 |
| Upside Target | 46.82 |
| Upside Target | 47.19 |
| Upside Target | 47.46 |
| Upside Target | 47.56 |
| Upside Target | 49.18 |
| 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 | 44.17 |
| Downside Intraday Target | 43.36 |
| Upside Intraday Target | 45.93 |
| Upside Intraday Target | 46.88 |
| Upside Intraday Target | 45.12 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 44.97 | 46.01 | 46.08 | 44.32 | 4.233 times |
| 30 Fri Aug 2024 | 46.69 | 46.05 | 46.82 | 46.05 | 0.191 times |
| 30 Fri Aug 2024 | 46.69 | 46.27 | 47.56 | 45.11 | 0.988 times |
| 23 Fri Aug 2024 | 46.05 | 45.25 | 46.69 | 43.94 | 0.679 times |
| 16 Fri Aug 2024 | 45.07 | 42.22 | 45.87 | 42.22 | 0.624 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Methanex Corporation (MEOH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 44.97 | 46.01 | 46.08 | 44.32 | 0.116 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 |
| 28 Fri Jun 2024 | 48.26 | 53.68 | 53.70 | 47.46 | 0.675 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Methanex Corporation in short term but the buy 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methanex Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 45.7 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Methanex Corporation in short term but the buy 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methanex Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 45.7 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 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.