Technical Analysis for MX - Methanex Corporation

Grade Last Price % Change Price Change
C 62.410 1.09% 0.670
MX closed up 2.81 percent on Monday, November 18, 2024, on 77 percent of normal volume. 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
Upper Bollinger Band Walk Strength 1.09%
Above Upper BB Strength 1.09%
Overbought Stochastic Strength 1.09%
Upper Bollinger Band Touch Strength 1.09%
Calm After Storm Range Contraction 3.93%
Doji - Bearish? Reversal 3.93%
Upper Bollinger Band Walk Strength 3.93%
Multiple of Ten Bullish Other 3.93%
Overbought Stochastic Strength 3.93%
Upper Bollinger Band Walk Strength 3.64%

   Recent Intraday Alerts

Alert Time
Rose Above 200 DMA about 5 hours ago
Up 1% about 5 hours ago
Gap Down Closed about 6 hours ago
Gap Down Partially Closed about 6 hours ago
Reversed from Down about 6 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 146,591
200-Day Moving Average 62.152
50-Day Moving Average 56.047
20-Day Moving Average 56.875
10-Day Moving Average 58.475
Average True Range 1.602
RSI (14) 71.99
ADX 16.56
+DI 33.268
-DI 16.657
Chandelier Exit (Long, 3 ATRs) 57.033
Chandelier Exit (Short, 3 ATRs) 58.737
Upper Bollinger Bands 61.491
Lower Bollinger Band 52.258
Percent B (%b) 1.03
BandWidth 16.233
MACD Line 1.029
MACD Signal Line 0.373
MACD Histogram 0.6553
Fundamentals Value
Market Cap 4.7 Billion
Num Shares 76.2 Million
EPS 0.72
Price-to-Earnings (P/E) Ratio 85.99
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) 64.365
Resistance 3 (R3) 64.107 62.973 63.928
Resistance 2 (R2) 62.973 62.305 63.103 63.782
Resistance 1 (R1) 62.357 61.892 62.665 62.615 63.636
Pivot Point 61.223 61.223 61.378 61.353 61.223
Support 1 (S1) 60.607 60.555 60.915 60.865 59.844
Support 2 (S2) 59.473 60.142 59.603 59.698
Support 3 (S3) 58.857 59.473 59.553
Support 4 (S4) 59.115