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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Methanex Corporation (NASDAQ:MEOH)

Strong Downtrend (-100) - MEOH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MEOH continues to fall. Traders should use caution and set stops.

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.

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NASDAQ_MEOH
Open High Low MEOH Price Change
40.71 40.79 40.19 40.54 +0.16
Entry Signal

MarketClub’s Trade Triangles for MEOH

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 46.5261

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 40.4700

short term down The short-term trend has been DOWN since Oct 8th, 2024 at 42.4000

Smart Scan Analysis for MEOH

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

-100
Smart Scan Analysis for MEOH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.71 40.79 40.19 40.54 +0.16
Prev. Close Volume Bid Ask Time
40.56 233008 2024-10-25 15:59:50
Year High83.23Year High Date2018-10-04
Year Low52.6Year Low Date2018-03-02
52wk High56.4352wk High Date2024-05-20
52wk Low36.1352wk Low Date2024-09-11
Year End Close31.87Average Volume310,237
Shares Outstanding89,671Short Interest2,008,894
% Institutional81.5Market Cap2,764M
Assets642,380,400MLiabilities441,463,500M
P/E Ratio18.7814Beta1.78
Volatility42.8
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