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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.

10 day averaged volume of Methanex Corporation is 433500

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	44.42	44.81	44.91	43.95	0.476 times
19 Tue Nov 2024	44.47	44.07	44.92	43.71	1.016 times
18 Mon Nov 2024	44.07	42.71	44.09	42.71	0.784 times
15 Fri Nov 2024	42.64	42.99	43.03	42.23	0.721 times
14 Thu Nov 2024	42.85	42.52	43.01	42.24	0.646 times
13 Wed Nov 2024	42.29	42.23	42.66	42.03	0.25 times
12 Tue Nov 2024	42.33	42.00	42.78	41.25	0.691 times
11 Mon Nov 2024	42.40	42.31	43.00	42.07	1.196 times
08 Fri Nov 2024	42.19	41.44	42.35	40.83	1.63 times
07 Thu Nov 2024	41.84	42.50	42.87	40.36	2.075 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.1, but if it comes below 43.1, then a intra day sell could be more profitable.
If you take a sell trade below 43.1, then use 43.1 as stoploss and 41.26 as target. However if you take a buy trade in stock , then use 43.1 as stoploss and 45.3 as target.

Share price targets for Methanex Corporation (MEOH)

Target Type	Value
Downside Target	36.13
Downside Target	38.75
Downside Target	42.71
Downside Target	43.03
Upside Target	44.92
Upside Target	45.44
Upside Target	46.08
Upside Target	46.52
Upside Target	49.18
Upside Target	53.54

Intraday share price targets for Methanex Corporation (MEOH)

Target Type	Value
Downside Intraday Target	43.11
Downside Intraday Target	41.81
Upside Intraday Target	45.32
Upside Intraday Target	46.23
Downside Intraday Target	44.02

Weekly technical analysis of Methanex Corporation (MEOH)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	44.42	42.71	44.92	42.71	0.65 times
15 Fri Nov 2024	42.64	42.31	43.03	41.25	0.614 times
08 Fri Nov 2024	42.19	39.59	42.87	38.78	2.557 times
01 Fri Nov 2024	39.09	40.16	40.48	38.75	0.685 times
25 Fri Oct 2024	40.56	40.77	40.88	39.38	1.199 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
20 Wed Nov 2024	44.42	39.26	44.92	38.78	0.764 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
30 Fri Aug 2024	46.69	48.69	49.18	39.87	1.602 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Methanex Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Methanex Corporation in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 42.74 and Methanex Corporation (MEOH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.