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Stock Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

Methanex Corp (TSE:MX)

Long-Term Downtrend (-90) - MX is in a strong downtrend that is likely to continue. While MX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.

TSE_MX
Open High Low MX Price Change
47.49 48.16 45.19 47.39 -0.47
Entry Signal

MarketClub’s Trade Triangles for MX

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 59.10

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 61.96

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 50.40

Smart Scan Analysis for MX

Based on our trend formula, MX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.49 48.16 45.19 47.39 -0.47
Prev. Close Volume Bid Ask Time
47.38 490185 2022-07-06 15:59:44
Year High107.07Year High Date2018-10-04
Year Low66.63Year Low Date2018-02-09
52wk High107.0752wk High Date2018-10-04
52wk Low66.6352wk Low Date2018-02-09
Year End Close31.68Average Volume406,415
Volatility41.45
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