METHANEX CORP (MX.CA) Technical Analysis
TSX:MX • CA59151K1084
72.6 CAD
+4.11 (+6%)
Last: Mar 11, 2026, 07:00 PM
Taking everything into account, MX scores 8 out of 10 in our technical rating. Although MX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- 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.
- Looking at the yearly performance, MX did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- MX is part of the Chemicals industry. There are 28 other stocks in this industry, MX did better than 62% of them.
- In the last month MX has a been trading in the 64.03 - 78.58 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 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
46.29
73.33
We found 6 important support areas.
- A support zone ranging from 68.40 to 68.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 65.77 to 65.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @62.89 from a horizontal line in the daily time frame.
- Support @55.84 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.
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 | 72.6 | POSITIVE | MX.CA has a high relative strength, it outperformed 72.6% 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) | 56.38 | NEUTRAL | The RSI value for MX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MX.CA has a positive trend. |
| Stochastics (14,3) | 45.75 | NEUTRAL | The Stochastics value for MX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for MX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.32 | POSITIVE | The high ADX value value for MX.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MX (3/11/2026, 7:00:00 PM)
72.6
+4.11 (+6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg6%
1 Week-0.33%
2 Weeks9.58%
1 Month9.35%
3 Month33.95%
6 Month33.78%
12 Month33.92%
2 Year20.26%
3 Year15.44%
5 Year56.57%
10 Year73.93%
15 Year140.88%
Volatility
ATR(14)4.34
ATR(20)%5.11%
ATR Inc19.49%
Range Today4.64
ADR(20)3.52
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.6
3 months CRS85.13
6 months CRS76.53
Mansfield3.06
10 Day High78.58
10 Day Low64.63
20 Day High78.58
20 Day Low64.03
52 Week High78.58
52 Week Low36.1
CS1 End68.71
CR1 StartN/A
Volume & EV
DER(3)-0.34%
DER(5)2.12%
Volume421.49K
Volume Incr192.64%
Vol(5)603.37K
Vol(50)266.12K
METHANEX CORP / MX.CA FAQ
What is the technical rating for MX stock?
ChartMill assigns a technical rating of 8 / 10 to MX.CA.
What is the trend direction for MX stock?
The current trend direction for METHANEX CORP (MX.CA) is Bullish.
What is the RSI signal for MX stock?
METHANEX CORP (MX.CA) has an RSI value of 56.3774. This indicates that the stock is currently neutral.
What is the MACD signal for METHANEX CORP (MX.CA) stock?
The MACD indicator for METHANEX CORP (MX.CA) has a value of 0.0727437, indicating a bearish trend.
Can you provide the short term momentum for METHANEX CORP?
The short term momentum for METHANEX CORP (MX.CA) is positive.