Technical Analysis for MX - Methanex Corporation

Grade Last Price % Change Price Change
B 66.600 2.73% 1.770
MX closed up 0.39 percent on Thursday, April 18, 2024, on 56 percent of normal volume.
Earnings due: Apr 24
*** please verify all earnings dates ***
1 Watcher
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup 2.73%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 2.73%
Doji - Bullish? Reversal 2.73%
MACD Bearish Signal Line Cross Bearish 3.13%
Outside Day Range Expansion 3.13%
1,2,3 Pullback Bullish Bullish Swing Setup 1.43%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.43%
NR7 Range Contraction 1.43%
Inside Day Range Contraction 1.43%
Down 3 Days in a Row Weakness 1.76%

   Recent Intraday Alerts

Alert Time
1.5x Volume Pace about 2 hours ago
Up 3% about 4 hours ago
Rose Above 10 DMA about 4 hours ago
Up 1 ATR about 4 hours ago
Up 2% about 5 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 Tank Supply Chain New Zealand 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 69.75
52 Week Low 50.134
Average Volume 105,044
200-Day Moving Average 59.000
50-Day Moving Average 61.334
20-Day Moving Average 64.301
10-Day Moving Average 66.805
Average True Range 1.624
RSI (14) 54.55
ADX 35.7
+DI 26.333
-DI 16.523
Chandelier Exit (Long, 3 ATRs) 64.878
Chandelier Exit (Short, 3 ATRs) 63.632
Upper Bollinger Bands 70.828
Lower Bollinger Band 57.774
Percent B (%b) 0.54
BandWidth 20.301
MACD Line 1.521
MACD Signal Line 1.764
MACD Histogram -0.2429
Fundamentals Value
Market Cap 4.94 Billion
Num Shares 76.2 Million
EPS 0.72
Price-to-Earnings (P/E) Ratio 90.29
Price-to-Sales 1.18
Price-to-Book 2.59
PEG Ratio 0.99
Dividend 0.20
Dividend Yield 0.31%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 66.360
Resistance 3 (R3) 66.363 65.857 66.105
Resistance 2 (R2) 65.857 65.467 65.855 66.020
Resistance 1 (R1) 65.343 65.226 65.600 65.340 65.935
Pivot Point 64.837 64.837 64.965 64.835 64.837
Support 1 (S1) 64.323 64.447 64.580 64.320 63.725
Support 2 (S2) 63.817 64.206 63.815 63.640
Support 3 (S3) 63.303 63.817 63.555
Support 4 (S4) 63.300