METHANEX CORP (MX.CA) Stock Technical Analysis
TSX:MX - Toronto Stock Exchange - CA59151K1084 - Common Stock - Currency: CAD
Taking everything into account, MX scores 1 out of 10 in our technical rating. MX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MX is a bad performer in the overall market: 92% of all stocks are doing better.
MX is part of the Chemicals industry. There are 31 other stocks in this industry, of which 86% are performing better than MX.
MX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month MX has a been trading in the 36.10 - 46.16 range, which is quite wide. It is currently trading near the high of this range.
The technical rating of MX is bad and it also does not present a quality setup 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
43.33
45.96
We found 1 important support area.
- A support zone ranging from 43.77 to 44.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 45.50 to 45.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.61
Mansfield-2.6
10 Day High46.16
10 Day Low40.88
20 Day High46.16
20 Day Low36.1
52 Week High78.18
52 Week Low36.1
Performance
1 Week1.14%
2 Weeks11.92%
1 Month13.96%
3 Month-38.48%
6 Month-24.2%
12 Month-35.49%
2 Year-19.79%
3 Year-28.81%
5 Year99.46%
10 Year-35.53%
15 Year104.41%
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)
Technical Indicators
MACD(12,26,9)1.15
RSI(14)50.2
LBB36.73
UBB47.59
TSX:MX (5/6/2025, 7:00:00 PM)
44.5
+0.51 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.16%
1 Week1.14%
2 Weeks11.92%
1 Month13.96%
3 Month-38.48%
6 Month-24.2%
12 Month-35.49%
2 Year-19.79%
3 Year-28.81%
5 Year99.46%
10 Year-35.53%
15 Year104.41%
Volatility
ATR(14)1.81
ATR(20)%5.42%
ATR Inc-6.36%
Range Today1.5
ADR(20)2.21
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.61
Mansfield-2.6
10 Day High46.16
10 Day Low40.88
20 Day High46.16
20 Day Low36.1
52 Week High78.18
52 Week Low36.1
CS1 End44.49
CR1 Start45.5
Volume & EV
DER(3)-2.35%
DER(5)-0.46%
Volume152.70K
Volume Incr-25.89%
Vol(5)221.34K
Vol(50)239.46K