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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Methanex Corporation (NASDAQ:MEOH)

Sidelines Mode (+50) - MEOH is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MEOH can gain momentum.

Is it time to buy, sell, or avoid MEOH?

MarketClub looks at technical strength and momentum to determine if the timing is right for MEOH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MEOH Price Change
42.500 43.070 42.230 42.705 +0.605
Entry Signal

MarketClub’s Trade Triangles for MEOH

long term down The long-term trend has been DOWN since May 4th, 2023 at 42.815

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 44.390

short term up The short-term trend has been UP since Dec 8th, 2023 at 43.055

Smart Scan Analysis for MEOH

Based on our trend formula, MEOH is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MEOH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.500 43.070 42.230 42.705 +0.605
Prev. Close Volume Bid Ask Time
42.100 106343 2023-12-08 15:58:54
Year High83.23Year High Date2018-10-04
Year Low52.6Year Low Date2018-03-02
52wk High54.8352wk High Date2023-03-02
52wk Low35.4652wk Low Date2022-12-19
Year End Close31.87Average Volume199,956
Shares Outstanding89,671Short Interest2,008,894
% Institutional81.5Market Cap2,764M
P/E Ratio15.8868Beta1.78
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