(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 2024-07-01 View latest technical analysis
10 day averaged volume of Methanex Corporation is 159370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Jul 2024 | 47.61 | 48.50 | 48.57 | 47.16 | 0.971 times |
| 28 Fri Jun 2024 | 48.26 | 48.53 | 48.82 | 48.05 | 1.559 times |
| 27 Thu Jun 2024 | 48.22 | 48.50 | 48.50 | 47.86 | 0.696 times |
| 26 Wed Jun 2024 | 48.36 | 48.00 | 48.41 | 47.46 | 1.019 times |
| 25 Tue Jun 2024 | 48.07 | 48.78 | 48.78 | 47.84 | 0.956 times |
| 24 Mon Jun 2024 | 48.97 | 48.37 | 49.29 | 48.37 | 0.924 times |
| 21 Fri Jun 2024 | 48.64 | 48.80 | 49.02 | 48.35 | 1.431 times |
| 20 Thu Jun 2024 | 48.56 | 48.01 | 48.77 | 47.98 | 1.224 times |
| 18 Tue Jun 2024 | 48.31 | 48.33 | 48.57 | 48.00 | 0.701 times |
| 18 Tue Jun 2024 | 48.31 | 48.33 | 48.57 | 48.00 | 0.701 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48, but if it comes above 48, then a intra day buy could be more profitable.
If you take a sell trade below 48, then use 48 as stoploss and 46.6 as target. However if you take a buy trade in stock , then use 48 as stoploss and 49.25 as target.
Share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Target | 41.47 |
| Downside Target | 44.39 |
| Downside Target | 45.58 |
| Downside Target | 47.16 |
| Upside Target | 48.57 |
| Upside Target | 49.02 |
| Upside Target | 49.29 |
| Upside Target | 51.42 |
| Upside Target | 52.29 |
| Upside Target | 53.70 |
| Upside Target | 56.43 |
Intraday share price targets for Methanex Corporation (MEOH)
| Target Type | Value |
| Downside Intraday Target | 46.99 |
| Downside Intraday Target | 46.37 |
| Upside Intraday Target | 48.4 |
| Upside Intraday Target | 49.19 |
| Upside Intraday Target | 47.78 |
Weekly technical analysis of Methanex Corporation (MEOH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Jul 2024 | 47.61 | 48.50 | 48.57 | 47.16 | 0.188 times |
| 28 Fri Jun 2024 | 48.26 | 48.37 | 49.29 | 47.46 | 1.536 times |
| 21 Fri Jun 2024 | 48.64 | 48.33 | 49.02 | 47.98 | 2.255 times |
| 18 Tue Jun 2024 | 48.31 | 47.91 | 48.57 | 47.85 | 0.232 times |
| 14 Fri Jun 2024 | 48.13 | 51.24 | 52.29 | 47.66 | 0.983 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 |
| 01 Mon Jul 2024 | 47.61 | 48.50 | 48.57 | 47.16 | 0.042 times |
| 28 Fri Jun 2024 | 48.26 | 53.68 | 53.70 | 47.46 | 0.675 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 |
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 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 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 gaining momentum.
MACD generated a SELL signal for Methanex Corporation in short term and the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing 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 48.35 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Methanex Corporation in short term and the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing 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 48.35 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.