Technical Analysis for MX - Methanex Corporation

Grade Last Price % Change Price Change
grade D 25.53 4.67% 1.140
MX closed up 4.67 percent on Friday, July 10, 2020, on 48 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Earnings due: Jul 29
*** please verify all earnings dates ***

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Inside Day Range Contraction 0.00%
Fell Below 50 DMA Bearish 4.67%
MACD Bearish Centerline Cross Bearish 4.67%
Outside Day Range Expansion 4.67%
Narrow Range Bar Range Contraction -0.70%
Fell Below 20 DMA Bearish -0.66%
Crossed Above 20 DMA Bullish -6.52%

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Profile

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.
Chemistry Energy Chemical Substances Titan

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 57.82
52 Week Low 13.24
Average Volume 644,062
200-Day Moving Average 36.768
50-Day Moving Average 24.885
20-Day Moving Average 26.305
10-Day Moving Average 25.323
Average True Range 1.548
ADX 10.98
+DI 27.663
-DI 27.778
Chandelier Exit (Long, 3 ATRs ) 26.775
Chandelier Exit (Short, 3 ATRs ) 28.745
Upper Bollinger Band 29.110
Lower Bollinger Band 23.499
Percent B (%b) 0.36
BandWidth 21.328
MACD Line -0.108
MACD Signal Line 0.142
MACD Histogram -0.2496
Fundamentals Value
Market Cap 2.2 Billion
Num Shares 86.1 Million
EPS 2.57
Price-to-Earnings (P/E) Ratio 9.93
Price-to-Sales 2.17
Price-to-Book 3.50
PEG Ratio 1.00
Dividend 1.20
Dividend Yield 4.70%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.315
Resistance 3 (R3) 27.137 26.363 27.018
Resistance 2 (R2) 26.363 25.909 26.453 26.918
Resistance 1 (R1) 25.947 25.628 26.155 26.125 26.819
Pivot Point 25.173 25.173 25.278 25.263 25.173
Support 1 (S1) 24.757 24.719 24.965 24.935 24.241
Support 2 (S2) 23.983 24.438 24.073 24.142
Support 3 (S3) 23.567 23.983 24.043
Support 4 (S4) 23.745