Technical Analysis for MEOH - Methanex Corporation

Grade Last Price % Change Price Change
D 38.56 0.68% 0.26
MEOH closed down 1.29 percent on Tuesday, March 2, 2021, on 48 percent of normal volume.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical MEOH trend table...

Date Alert Name Type % Chg
Multiple of Ten Bearish Other -1.29%
20 DMA Support Bullish -0.62%
Bearish Engulfing Bearish 1.06%
Fell Below 50 DMA Bearish 1.06%
MACD Bearish Centerline Cross Bearish 1.06%
Expansion Pivot Sell Setup Bearish Swing Setup 1.06%
Multiple of Ten Bearish Other 1.06%
Crossed Above 50 DMA Bullish -7.44%
MACD Bullish Centerline Cross Bullish -7.44%
Stochastic Reached Overbought Strength -7.44%
Older End-of-Day Signals for MEOH ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% about 19 hours ago
Fell Below 10 DMA about 20 hours ago
60 Minute Opening Range Breakdown about 22 hours ago
Up 2% about 23 hours ago
Up 1% about 24 hours ago
View Earlier Intraday Alerts

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Profile

Methanex Corporation Description

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.


Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: Chemicals Acid Chemical Substances Tanker Tankers Commodity Chemicals Cooking Petroleum Gas Liquefied Petroleum Gas Energy Storage Biodiesel Methane Petrochemical Ethanol Related Applications Methanol Energy Related Applications Hazardous Air Pollutants Synthetic Fuels South China

Is MEOH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 49.27
52 Week Low 9.0
Average Volume 419,934
200-Day Moving Average 29.19
50-Day Moving Average 40.42
20-Day Moving Average 38.06
10-Day Moving Average 38.52
Average True Range 2.05
ADX 17.37
+DI 24.70
-DI 24.52
Chandelier Exit (Long, 3 ATRs ) 35.74
Chandelier Exit (Short, 3 ATRs ) 38.40
Upper Bollinger Band 41.85
Lower Bollinger Band 34.27
Percent B (%b) 0.53
BandWidth 19.92
MACD Line -0.03
MACD Signal Line -0.25
MACD Histogram 0.2218
Fundamentals Value
Market Cap 2.92 Billion
Num Shares 76.2 Million
EPS 0.72
Price-to-Earnings (P/E) Ratio 53.34
Price-to-Sales 1.19
Price-to-Book 2.60
PEG Ratio 0.98
Dividend 0.15
Dividend Yield 0.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.55
Resistance 3 (R3) 40.77 40.23 40.18
Resistance 2 (R2) 40.23 39.66 40.13 40.05
Resistance 1 (R1) 39.27 39.31 39.00 39.05 39.92
Pivot Point 38.73 38.73 38.60 38.63 38.73
Support 1 (S1) 37.77 38.16 37.50 37.55 36.68
Support 2 (S2) 37.23 37.81 37.13 36.55
Support 3 (S3) 36.27 37.23 36.43
Support 4 (S4) 36.05