Technical Analysis for MEOH - Methanex Corporation

Grade Last Price % Change Price Change
grade D 37.4 -1.22% -0.46
MEOH closed down 1.22 percent on Wednesday, November 20, 2019, on 1.39 times normal volume. It was able to find support at its 50 day moving average.

Earnings due: Dec 1

*** please verify all earnings dates ***

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

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Down 3 Days in a Row Weakness 0.00%
Fell Below 20 DMA Bearish -1.22%
MACD Bearish Signal Line Cross Bearish -6.48%
Multiple of Ten Bearish Other -6.48%
NR7 Range Contraction -7.40%
Multiple of Ten Bullish Other -7.40%
Overbought Stochastic Strength -7.40%
Stochastic Sell Signal Bearish -7.31%

Older signals for MEOH ...

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
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.
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: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 62.97
52 Week Low 30.25
Average Volume 398,193
200-Day Moving Average 44.8406
50-Day Moving Average 37.0914
20-Day Moving Average 39.277
10-Day Moving Average 40.072
Average True Range 1.3622
ADX 21.13
+DI 21.928
-DI 29.4705
Chandelier Exit (Long, 3 ATRs ) 38.1034
Chandelier Exit (Short, 3 ATRs ) 38.5066
Upper Bollinger Band 42.3712
Lower Bollinger Band 36.1828
Percent B (%b) 0.2
BandWidth 15.755786
MACD Line 0.7014
MACD Signal Line 1.0933
MACD Histogram -0.3919
Fundamentals Value
Market Cap 3.22 Billion
Num Shares 86.2 Million
EPS 2.57
Price-to-Earnings (P/E) Ratio 14.55
Price-to-Sales 1.69
Price-to-Book 2.73
PEG Ratio 0.98
Dividend 1.20
Dividend Yield 3.21%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.17
Resistance 3 (R3) 39.20 38.65 38.87
Resistance 2 (R2) 38.65 38.20 38.63 38.77
Resistance 1 (R1) 38.03 37.93 37.75 37.99 38.68
Pivot Point 37.48 37.48 37.34 37.46 37.48
Support 1 (S1) 36.85 37.03 36.57 36.81 36.12
Support 2 (S2) 36.30 36.75 36.28 36.03
Support 3 (S3) 35.67 36.30 35.93
Support 4 (S4) 35.63