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Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Methanex Corp (TSE:MX)
Sidelines Mode (+55) - MX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MX
The long-term trend has been UP since Sep 2nd, 2021 at 47.02
The intermediate-term trend has been UP since Aug 25th, 2021 at 43.74
The short-term trend has been DOWN since Oct 14th, 2021 at 61.75
Smart Scan Analysis for MX
Based on our trend formula, MX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.50 | 61.73 | 59.11 | 59.27 | -1.91 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.35 | 162402 | 2021-10-19 15:59:44 |
| Year High | 107.07 | Year High Date | 2018-10-04 |
| Year Low | 66.63 | Year Low Date | 2018-02-09 |
| 52wk High | 107.07 | 52wk High Date | 2018-10-04 |
| 52wk Low | 66.63 | 52wk Low Date | 2018-02-09 |
| Year End Close | 31.68 | Average Volume | 406,415 |
| Volatility | 41.45 |