METHANEX CORP (MX.CA) Stock Technical Analysis
TSX:MX - Toronto Stock Exchange - CA59151K1084 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to MX. MX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MX is a bad performer in the overall market: 65% of all stocks are doing better.
In the last month MX has a been trading in the 56.79 - 73.72 range, which is quite wide. It is currently trading near the lows of this range.
MX is part of the Chemicals industry. There are 32 other stocks in this industry, MX did better than 51% of them.
MX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
MX has a poor technical rating and the quality of the setup is also only medium 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
50.92
64.81
We found 2 important support areas.
- A support zone ranging from 58.02 to 58.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @51.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.67 to 64.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.48
Mansfield-0.85
10 Day High64.47
10 Day Low56.79
20 Day High73.72
20 Day Low56.79
52 Week High78.18
52 Week Low49.21
Performance
1 Week-4.63%
2 Weeks-3.63%
1 Month-16.68%
3 Month-9.6%
6 Month5.4%
12 Month8.06%
2 Year-3.47%
3 Year-10.94%
5 Year254.41%
10 Year-10.47%
15 Year146.79%
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)-0.37
RSI(14)34.93
LBB57.79
UBB66.88
TSX:MX (3/7/2025, 7:00:00 PM)
60.71
+1.05 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.76%
1 Week-4.63%
2 Weeks-3.63%
1 Month-16.68%
3 Month-9.6%
6 Month5.4%
12 Month8.06%
2 Year-3.47%
3 Year-10.94%
5 Year254.41%
10 Year-10.47%
15 Year146.79%
Volatility
ATR(14)2.02
ATR(20)%3.2%
ATR Inc1.39%
Range Today2.21
ADR(20)1.87
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.48
Mansfield-0.85
10 Day High64.47
10 Day Low56.79
20 Day High73.72
20 Day Low56.79
52 Week High78.18
52 Week Low49.21
CS1 End58.24
CR1 Start63.67
Volume & EV
DER(3)6.95%
DER(5)4.82%
Volume125.31K
Volume Incr38.38%
Vol(5)225.61K
Vol(50)151.37K