METHANEX CORP (MEOH) Stock Technical Analysis
NASDAQ:MEOH - Nasdaq - CA59151K1084 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MEOH. MEOH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
66% of all other stocks performed better in the past year than MEOH.
In the last month MEOH has a been trading in the 44.21 - 54.49 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MEOH is an average performer in the Chemicals industry, it outperforms 63% of 85 stocks in the same industry.
MEOH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MEOH is lagging the market.
The technical rating of MEOH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.78
55.59
When analyzing the support we notice one important area.
- Support @43.21 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 47.03 to 49.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.68 to 53.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @55.04 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.9
Mansfield-1.15
10 Day High51.54
10 Day Low44.21
20 Day High54.49
20 Day Low44.21
52 Week High56.43
52 Week Low36.13
Performance
1 Week-4.92%
2 Weeks-13.17%
1 Month-13.05%
3 Month-3.85%
6 Month-3.91%
12 Month-0.34%
2 Year-12.25%
3 Year-15.21%
5 Year53.38%
10 Year-18.51%
15 Year86.32%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.73
RSI(14)31
LBB42.75
UBB54.27
44.25
-1.44 (-3.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.15%
1 Week-4.92%
2 Weeks-13.17%
1 Month-13.05%
3 Month-3.85%
6 Month-3.91%
12 Month-0.34%
2 Year-12.25%
3 Year-15.21%
5 Year53.38%
10 Year-18.51%
15 Year86.32%
Volatility
ATR(14)1.55
ATR(20)%3.68%
ATR Inc-9.54%
Range Today1.76
ADR(20)1.6
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.9
Mansfield-1.15
10 Day High51.54
10 Day Low44.21
20 Day High54.49
20 Day Low44.21
52 Week High56.43
52 Week Low36.13
CS1 End43.21
CR1 Start47.03
Volume & EV
DER(3)-2.33%
DER(5)-1.47%
Volume268.10K
Volume Incr-29.84%
Vol(5)323.40K
Vol(50)394.35K