METHANEX CORP (MX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MX - CA59151K1084 - Common Stock
Taking everything into account, MX scores 0 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.
MX has a poor technical rating and the quality of the setup is also 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
44.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 46.76 to 48.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @48.87 from a trend line in the weekly time frame.
- A resistance zone ranging from 50.63 to 50.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.40 to 55.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MX.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MX.CA is down. |
| ChartMill Relative Strength | 13.93 | NEGATIVE | MX.CA has a low relative strength, it was outperformed by 86.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.42 | NEUTRAL | The RSI value for MX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests MX.CA has a negative trend. |
| Stochastics (14,3) | 11.52 | OVERSOLD | The low Stochastics value suggests MX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for MX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for MX.CA suggests a weak or negative trend. |
TSX:MX (11/24/2025, 7:00:00 PM)
48.71
-0.73 (-1.48%)
METHANEX CORP / MX.CA FAQ
What is the technical rating for MX stock?
ChartMill assigns a technical rating of 0 / 10 to MX.CA.
What is the current trend direction of METHANEX CORP (MX.CA) stock?
The current trend direction for METHANEX CORP (MX.CA) is Bearish.
What is the RSI signal for MX stock?
METHANEX CORP (MX.CA) has an RSI value of 43.4182. This indicates that the stock is currently neutral.
Can you provide the short term momentum for METHANEX CORP?
The short term momentum for METHANEX CORP (MX.CA) is negative.
Can you provide the support and resistance levels for METHANEX CORP?
METHANEX CORP (MX.CA) has a support level at 48.21 and a resistance level at 48.87. Check the full technical report for our detailed analysis of MX.CA support and resistance levels.