Technical Analysis for MEOH - Methanex Corporation

Grade Last Price % Change Price Change
grade D 56.89 0.92% 0.52
MEOH closed up 0.92 percent on Tuesday, March 26, 2019, on 63 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It ran into resistance at its 50 day moving average.

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

Date Alert Name Type % Chg
Mar 26 50 DMA Resistance Bearish 0.00%
Mar 26 NR7 Range Contraction 0.00%
Mar 26 Inside Day Range Contraction 0.00%
Mar 25 20 DMA Resistance Bearish 0.92%
Mar 25 Fell Below 50 DMA Bearish 0.92%
Mar 22 Fell Below 20 DMA Bearish -1.44%
Mar 22 MACD Bearish Signal Line Cross Bearish -1.44%
Mar 21 MACD Bullish Signal Line Cross Bullish -5.78%
Mar 21 Multiple of Ten Bullish Other -5.78%
Mar 21 Up 3 Days in a Row Strength -5.78%

Older signals for MEOH ...

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Basic chart:

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.
Chemistry Physical Sciences Chemicals Chemical Substances Commodity Chemicals Petroleum Gas Petrochemical Ethanol Energy Storage Hazardous Air Pollutants Energy Related Applications Synthetic Fuels
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, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 83.23
52 Week Low 45.48
Average Volume 437,858
200-Day Moving Average 64.481
50-Day Moving Average 56.908
20-Day Moving Average 58.0525
10-Day Moving Average 57.656
Average True Range 1.8816
ADX 12.39
+DI 23.6757
-DI 26.0891
Chandelier Exit (Long, 3 ATRs ) 57.3252
Chandelier Exit (Short, 3 ATRs ) 61.0148
Upper Bollinger Band 61.2541
Lower Bollinger Band 54.8509
Percent B (%b) 0.32
BandWidth 11.030016
MACD Line 0.2069
MACD Signal Line 0.4175
MACD Histogram -0.2106
Fundamentals Value
Market Cap 4.9 Billion
Num Shares 86.2 Million
EPS 2.57
Price-to-Earnings (P/E) Ratio 22.14
Price-to-Sales 1.69
Price-to-Book 2.73
PEG Ratio 0.98
Dividend 1.20
Dividend Yield 2.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.56
Resistance 3 (R3) 58.59 58.08 58.28
Resistance 2 (R2) 58.08 57.65 58.06 58.18
Resistance 1 (R1) 57.48 57.39 57.23 57.45 58.09
Pivot Point 56.97 56.97 56.84 56.95 56.97
Support 1 (S1) 56.37 56.54 56.12 56.34 55.69
Support 2 (S2) 55.86 56.28 55.84 55.60
Support 3 (S3) 55.26 55.86 55.50
Support 4 (S4) 55.23