METHANEX CORP (MX.CA) Technical Analysis
TSX:MX • CA59151K1084
Current stock price
MX.CA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to MX. Both in the recent history as in the last year, MX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MX did better than 86% of all other stocks. On top of that, MX also shows a nice and consistent pattern of rising prices.
- MX is part of the Chemicals industry. There are 28 other stocks in this industry. MX outperforms 77% of them.
- MX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MX is performing more or less in line with the market.
- In the last month MX has a been trading in the 66.41 - 92.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
MX.CA Weekly and Daily overview Charts
MX.CA Setup Rating and Analysis
MX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MX.CA Support and Resistance Analysis
46.29
We found 6 important support areas.
- A support zone ranging from 81.98 to 83.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @73.06 from a trend line in the daily time frame.
- Support @69.44 from a trend line in the daily time frame.
- Support @57.02 from a trend line in the weekly time frame.
- Support @48.69 from a horizontal line in the daily time frame.
- A support zone ranging from 46.76 to 47.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
MX.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MX.CA is up. |
| ChartMill Relative Strength | 86.69 | POSITIVE | MX.CA has a high relative strength, it outperformed 86.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.31 | NEUTRAL | The RSI value for MX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests MX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.62 | NEUTRAL | The Stochastics value for MX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for MX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.67 | POSITIVE | The high ADX value value for MX.CA suggests a strong trend. |
MX.CA Chart- and CandleStick Pattern Analysis
MX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MX (4/2/2026, 7:00:00 PM)
83.13
+1.15 (+1.4%)
METHANEX CORP / MX.CA TA FAQ
What is the technical rating for MX stock?
ChartMill assigns a technical rating of 10 / 10 to MX.CA.
Can you provide the trend direction for METHANEX CORP?
The current trend direction for METHANEX CORP (MX.CA) is Bullish.
What is the RSI signal for METHANEX CORP (MX.CA) stock?
METHANEX CORP (MX.CA) has an RSI value of 58.305. This indicates that the stock is currently neutral.
What is the buy/sell signal for MX stock?
The buy/sell signal for METHANEX CORP (MX.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for MX stock?
METHANEX CORP (MX.CA) has a support level at 83.12. Check the full technical report for our detailed analysis of MX.CA support and resistance levels.