Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MEOH
The long-term trend has been DOWN since May 4th, 2023 at 42.815
The intermediate-term trend has been UP since Nov 14th, 2023 at 44.390
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).
| 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 High | 83.23 | Year High Date | 2018-10-04 |
| Year Low | 52.6 | Year Low Date | 2018-03-02 |
| 52wk High | 54.83 | 52wk High Date | 2023-03-02 |
| 52wk Low | 35.46 | 52wk Low Date | 2022-12-19 |
| Year End Close | 31.87 | Average Volume | 199,956 |
| Shares Outstanding | 89,671 | Short Interest | 2,008,894 |
| % Institutional | 81.5 | Market Cap | 2,764M |
| Assets | 641,335,700M | Liabilities | 443,279,200M |
| P/E Ratio | 15.8868 | Beta | 1.78 |
| Volatility | 42.8 |