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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Methanex Corporation (NASDAQ:MEOH)
Countertrend Up (+85) - MEOH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MEOH
The long-term trend has been UP since Dec 14th, 2023 at 46.020
The intermediate-term trend has been UP since Mar 27th, 2024 at 44.945
The short-term trend has been UP since Apr 19th, 2024 at 48.080
Smart Scan Analysis for MEOH
Based on our trend formula, MEOH is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.860 | 48.300 | 47.515 | 47.730 | -0.220 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.710 | 205305 | 2024-04-24 15:59:45 |
| Year High | 83.23 | Year High Date | 2018-10-04 |
| Year Low | 52.6 | Year Low Date | 2018-03-02 |
| 52wk High | 51.42 | 52wk High Date | 2024-04-08 |
| 52wk Low | 38.18 | 52wk Low Date | 2023-06-28 |
| Year End Close | 31.87 | Average Volume | 382,725 |
| Shares Outstanding | 89,671 | Short Interest | 2,008,894 |
| % Institutional | 81.5 | Market Cap | 2,764M |
| Assets | 642,655,500M | Liabilities | 449,562,800M |
| P/E Ratio | 18.6576 | Beta | 1.78 |
| Volatility | 42.8 |