METHANEX CORP (MX.CA) Technical Analysis
TSX:MX • CA59151K1084
Current stock price
76.69 CAD
-0.82 (-1.06%)
Last:
MX.CA Technical Rating and Analysis
Taking everything into account, MX scores 9 out of 10 in our technical rating. 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!
- MX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MX is leading the market.
- In the last month MX has a been trading in the 64.63 - 80.44 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, MX did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- MX is part of the Chemicals industry. There are 27 other stocks in this industry, MX did better than 69% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MX.CA Weekly and Daily overview Charts
MX.CA Setup Rating and Analysis
MX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
MX.CA Support and Resistance Analysis
46.29
79.85
When analyzing the support we can see 5 important areas.
- A support zone ranging from 70.44 to 71.20. 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 67.53 to 68.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.23 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.
We found 1 important resistance area.
- Resistance @79.06 from a horizontal line 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 | 81.89 | POSITIVE | MX.CA has a high relative strength, it outperformed 81.89% 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) | 57.99 | NEUTRAL | The RSI value for MX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests MX.CA has a positive trend. |
| Stochastics (14,3) | 65.8 | NEUTRAL | The Stochastics value for MX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.16 | HIGH VOLATILITY | The high ATR as a percentage value for MX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.97 | POSITIVE | The high ADX value value for MX.CA suggests a strong trend. |
MX.CA Chart- and CandleStick Pattern Analysis
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 (3/20/2026, 7:00:00 PM)
76.69
-0.82 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.06%
1 Week7.97%
2 Weeks13.56%
1 Month13.65%
3 Month42.1%
6 Month43.4%
12 Month42.76%
2 Year27.03%
3 Year21.94%
5 Year65.39%
10 Year83.73%
15 Year154.45%
Volatility
ATR(14)5.67
ATR(20)%6.16%
ATR Inc-9.61%
Range Today2.83
ADR(20)4.36
ADR(20)%5.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.89
3 months CRS91.43
6 months CRS85.92
Mansfield4.31
10 Day High80.44
10 Day Low67.11
20 Day High80.44
20 Day Low64.63
52 Week High80.44
52 Week Low36.1
CS1 End71.2
CR1 Start79.06
Volume & EV
DER(3)2.55%
DER(5)-0.21%
Volume803.61K
Volume Incr47.37%
Vol(5)504.00K
Vol(50)310.77K
METHANEX CORP / MX.CA TA FAQ
What is the technical rating for MX stock?
ChartMill assigns a technical rating of 9 / 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 57.9912. 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 0.283768, 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.