(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 2024-04-12 View latest technical analysis
10 day averaged volume of Methanex Corporation is 440710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 47.91 | 49.00 | 49.88 | 47.87 | 1.005 times |
| 11 Thu Apr 2024 | 48.78 | 50.33 | 50.35 | 48.51 | 0.651 times |
| 10 Wed Apr 2024 | 50.33 | 50.04 | 50.56 | 49.50 | 0.642 times |
| 09 Tue Apr 2024 | 50.52 | 50.31 | 50.62 | 49.95 | 0.629 times |
| 08 Mon Apr 2024 | 49.91 | 51.23 | 51.42 | 49.70 | 0.695 times |
| 05 Fri Apr 2024 | 51.23 | 49.45 | 51.31 | 48.94 | 1.029 times |
| 04 Thu Apr 2024 | 49.45 | 49.06 | 49.67 | 48.51 | 1.072 times |
| 03 Wed Apr 2024 | 48.68 | 46.75 | 48.87 | 46.35 | 1.602 times |
| 02 Tue Apr 2024 | 46.00 | 44.78 | 46.28 | 44.60 | 1.875 times |
| 01 Mon Apr 2024 | 44.62 | 44.70 | 45.12 | 44.39 | 0.971 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.2 as stoploss in an intra day sell trade for a target of 46.5. However, stock will show a bullish move above 49.2.
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 41.35 |
| Downside Target | 42.79 |
| Downside Target | 45.33 |
| Downside Target | 45.58 |
| Downside Target | 47.41 |
| Downside Target | 47.70 |
| Downside Target | 47.87 |
| Upside Target | 49.48 |
| Upside Target | 51.31 |
| Upside Target | 51.42 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 46.71 |
| Downside Intraday Target | 45.52 |
| Upside Intraday Target | 50.26 |
| Upside Intraday Target | 52.62 |
| Upside Intraday Target | 49.07 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 47.91 | 51.23 | 51.42 | 47.87 | 0.553 times |
| 05 Fri Apr 2024 | 51.23 | 44.70 | 51.31 | 44.39 | 2.247 times |
| 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 |
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 |
| 12 Fri Apr 2024 | 47.91 | 44.70 | 51.42 | 44.39 | 0.932 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
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 tired and bears are picking up momentum.
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 BUY signal in short term but buying 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 48.37 and Methanex Corporation (MEOH) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
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 tired and bears are picking up momentum.
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 BUY signal in short term but buying 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 48.37 and Methanex Corporation (MEOH) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.