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(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 2024-12-16 View latest technical analysis

10 day averaged volume of Methanex Corporation is 291490

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	46.04	45.50	46.34	45.28	1.827 times
13 Fri Dec 2024	45.72	45.87	45.94	45.33	1.367 times
12 Thu Dec 2024	45.89	46.83	47.02	45.89	0.711 times
11 Wed Dec 2024	47.09	47.51	47.94	46.50	0.989 times
10 Tue Dec 2024	47.46	47.46	48.35	47.44	1.197 times
09 Mon Dec 2024	47.63	48.27	49.83	47.52	1.304 times
26 Tue Nov 2024	46.29	46.67	46.67	45.58	0.608 times
26 Tue Nov 2024	46.29	46.67	46.67	45.58	0.608 times
25 Mon Nov 2024	46.91	46.21	47.34	46.05	1.393 times
22 Fri Nov 2024	46.02	45.27	46.16	45.27	0.934 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 46.8 as stoploss in an intra day sell trade for a target of 44.92. However, stock will show a bullish move above 46.8.

Share price targets for Methanex Corporation (MEOH)

Target Type	Value
Downside Target	36.13
Downside Target	38.75
Downside Target	39.87
Downside Target	42.71
Downside Target	45.28
Upside Target	46.34
Upside Target	46.67
Upside Target	47.34
Upside Target	49.18
Upside Target	49.83

Intraday share price targets for Methanex Corporation (MEOH)

Target Type	Value
Downside Intraday Target	45.43
Downside Intraday Target	44.83
Upside Intraday Target	46.49
Upside Intraday Target	46.95
Downside Intraday Target	45.89

Weekly technical analysis of Methanex Corporation (MEOH)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	46.04	45.50	46.34	45.28	0.328 times
13 Fri Dec 2024	45.72	48.27	49.83	45.33	9.161 times
26 Tue Nov 2024	46.29	46.67	46.67	45.58	0.304 times
26 Tue Nov 2024	46.29	46.21	47.34	45.58	0.384 times
22 Fri Nov 2024	46.02	42.71	46.16	42.71	0.999 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
16 Mon Dec 2024	46.04	48.27	49.83	45.28	0.333 times
26 Tue Nov 2024	46.29	39.26	47.34	38.78	0.955 times
31 Thu Oct 2024	39.17	41.12	45.44	38.75	0.77 times
30 Mon Sep 2024	41.34	46.01	46.08	36.13	1.148 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 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 gaining 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 moving up

CCI has generated a buy signal for Methanex Corporation in short term but BUY signal is weak.

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 46.57 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.