Technical Analysis for MEOH - Methanex Corporation

Grade Last Price % Change Price Change
grade D 54.45 -0.57% -0.31
MEOH closed down 0.57 percent on Tuesday, January 15, 2019, on 57 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 30

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Up
See historical MEOH trend table...

Date Alert Name Type % Chg
Jan 15 MACD Bullish Centerline Cross Bullish 0.00%
Jan 15 Weak + Overbought Other 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 15 Down 3 Days in a Row Weakness 0.00%
Jan 15 Down 4 Days in a Row Weakness 0.00%
Jan 14 Weak + Overbought Other -0.57%
Jan 14 Overbought Stochastic Strength -0.57%
Jan 14 Down 3 Days in a Row Weakness -0.57%
Jan 11 NR7 Range Contraction -0.82%
Jan 11 NR7-2 Range Contraction -0.82%

Older signals for MEOH ...

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Profile
Methanex Corporation produces, supplies, and sells methanol to petrochemical producers and distributors. The company also purchases and re-sells methanol produced by others. Its methanol is a clear liquid commodity chemical that is used to produce traditional chemical derivatives, including formaldehyde, acetic acid, and various other chemicals. The company's methanol is used in energy-related applications; for blending into gasoline, as a feedstock in the production of dimethyl ether, which can be blended with liquefied petroleum gas for use in household cooking and heating, and in the production of biodiesel; and to produce methyl tertiary-butyl ether, a gasoline component, as well as used into olefins applications. In addition, it operates a fleet of methanol ocean tankers with a capacity ranging from 3,000 to 100,000 deadweight tons. The company has a network of production hubs and terminals in North and South America, New Zealand, Europe, the Middle East, and Asia, as well as distributed terminals and storage facilities located throughout in the U.S Gulf Coast, the Mediterranean, Northwest Europe, Korea, and South China. Methanex Corporation was founded in 1968 and is headquartered in Vancouver, Canada.
Is MEOH a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 83.23
52 Week Low 45.48
Average Volume 582,093
200-Day Moving Average 66.7098
50-Day Moving Average 55.4162
20-Day Moving Average 50.926
10-Day Moving Average 53.409
Average True Range 2.0736
ADX 23.48
+DI 26.1316
-DI 20.5958
Chandelier Exit (Long, 3 ATRs ) 50.1492
Chandelier Exit (Short, 3 ATRs ) 51.7008
Upper Bollinger Band 57.0995
Lower Bollinger Band 44.7525
Percent B (%b) 0.79
BandWidth 24.244983
MACD Line 0.0369
MACD Signal Line -0.9792
MACD Histogram 1.0161
Fundamentals Value
Market Cap 4.69 Billion
Num Shares 86.2 Million
EPS 2.57
Price-to-Earnings (P/E) Ratio 21.19
Price-to-Sales 1.69
Price-to-Book 2.73
PEG Ratio 0.98
Dividend 1.20
Dividend Yield 2.20%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 56.82
Resistance 3 (R3) 56.84 56.07 56.43
Resistance 2 (R2) 56.07 55.47 56.06 56.29
Resistance 1 (R1) 55.26 55.09 54.88 55.24 56.16
Pivot Point 54.49 54.49 54.30 54.48 54.49
Support 1 (S1) 53.68 53.89 53.30 53.66 52.74
Support 2 (S2) 52.91 53.51 52.90 52.61
Support 3 (S3) 52.10 52.91 52.48
Support 4 (S4) 52.08