(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 2024-06-17 View latest technical analysis
10 day averaged volume of Methanex Corporation is 206610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 48.33 | 47.91 | 48.46 | 47.85 | 0.607 times |
| 14 Fri Jun 2024 | 48.13 | 49.05 | 49.19 | 47.66 | 0.966 times |
| 13 Thu Jun 2024 | 49.59 | 50.59 | 50.67 | 49.39 | 0.81 times |
| 12 Wed Jun 2024 | 50.93 | 51.83 | 52.29 | 50.72 | 0.95 times |
| 11 Tue Jun 2024 | 50.87 | 50.63 | 50.92 | 50.00 | 1.38 times |
| 10 Mon Jun 2024 | 51.11 | 51.24 | 51.41 | 50.54 | 0.85 times |
| 07 Fri Jun 2024 | 50.89 | 50.35 | 51.22 | 50.06 | 0.77 times |
| 06 Thu Jun 2024 | 50.88 | 50.64 | 51.52 | 50.48 | 0.939 times |
| 05 Wed Jun 2024 | 50.50 | 50.30 | 50.56 | 49.77 | 1.158 times |
| 04 Tue Jun 2024 | 50.52 | 51.09 | 51.11 | 50.15 | 1.032 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 47.8, for a target of 49.9 or 51.61
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 |
| Upside Target | 49.77 |
| Upside Target | 51.42 |
| Upside Target | 52.00 |
| Upside Target | 52.29 |
| Upside Target | 53.70 |
| Upside Target | 53.80 |
| Upside Target | 56.43 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 47.97 |
| Downside Intraday Target | 47.6 |
| Upside Intraday Target | 48.58 |
| Upside Intraday Target | 48.82 |
| Downside Intraday Target | 48.21 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 48.33 | 47.91 | 48.46 | 47.85 | 0.123 times |
| 14 Fri Jun 2024 | 48.13 | 51.24 | 52.29 | 47.66 | 0.983 times |
| 07 Fri Jun 2024 | 50.89 | 53.68 | 53.70 | 49.77 | 1.333 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 |
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 |
| 17 Mon Jun 2024 | 48.33 | 53.68 | 53.70 | 47.66 | 0.404 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 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 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 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 SELL. Signal strength is Strong and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up
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 50.26 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 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 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 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 SELL. Signal strength is Strong and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up
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 50.26 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.