Stock Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Methanex Corp (TSE:MX)
Countertrend Down (-85) - MX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for MX
The long-term trend has been DOWN since Jan 31st, 2020 at 43.91
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 48.40
The short-term trend has been UP since Feb 20th, 2020 at 45.50
Smart Scan Analysis for MX
Based on our trend formula, MX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|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|