Technical Analysis for MX - Methanex Corporation

Grade Last Price % Change Price Change
C 62.120 0.05% 0.030
MX closed up 0.05 percent on Wednesday, November 20, 2024, on 57 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Up

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
200 DMA Resistance Bearish 0.05%
Stochastic Sell Signal Bearish 0.05%
Upper Bollinger Band Walk Strength 0.05%
Overbought Stochastic Strength 0.05%
Upper Bollinger Band Touch Strength 0.05%
Gapped Down Weakness 0.05%
Upper Bollinger Band Walk Strength 0.62%

   Recent Intraday Alerts

Alert Time
Upper Bollinger Band Resistance about 22 hours ago
200 DMA Resistance about 22 hours ago
Rose Above Previous Day's High about 22 hours ago
Up 1% about 22 hours ago
Rose Above 200 DMA about 23 hours ago

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Profile

Methanex Corporation Description

Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. The Company's subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of over 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America. Its joint venture facility in Egypt supplies methanol to markets in Europe and Asia Pacific. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.


Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: Chemistry Energy Water Medicine Storage Titan Supply Chain New Zealand Tank Shipping Terminals Chemical Substances Methane Tanker Tankers

Is MX 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 73.7813
52 Week Low 49.0325
Average Volume 137,480
200-Day Moving Average 62.167
50-Day Moving Average 56.476
20-Day Moving Average 57.518
10-Day Moving Average 60.019
Average True Range 1.583
RSI (14) 73.05
ADX 19.64
+DI 33.242
-DI 14.534
Chandelier Exit (Long, 3 ATRs) 58.090
Chandelier Exit (Short, 3 ATRs) 58.680
Upper Bollinger Bands 62.992
Lower Bollinger Band 52.044
Percent B (%b) 0.92
BandWidth 19.033
MACD Line 1.373
MACD Signal Line 0.710
MACD Histogram 0.6629
Fundamentals Value
Market Cap 4.73 Billion
Num Shares 76.2 Million
EPS 0.72
Price-to-Earnings (P/E) Ratio 86.52
Price-to-Sales 1.18
Price-to-Book 2.59
PEG Ratio 0.99
Dividend 0.20
Dividend Yield 0.32%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 64.130
Resistance 3 (R3) 64.147 63.493 63.795
Resistance 2 (R2) 63.493 62.981 63.485 63.683
Resistance 1 (R1) 62.807 62.665 62.480 62.790 63.572
Pivot Point 62.153 62.153 61.990 62.145 62.153
Support 1 (S1) 61.467 61.641 61.140 61.450 60.668
Support 2 (S2) 60.813 61.325 60.805 60.557
Support 3 (S3) 60.127 60.813 60.445
Support 4 (S4) 60.110