METHANEX CORP (MX.CA) Stock Technical Analysis
Canada - TSX:MX - CA59151K1084 - Common Stock
Taking everything into account, MX scores 5 out of 10 in our technical rating. MX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
MX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
44.56
We found 4 important support areas.
- Support @54.84 from a horizontal line in the daily time frame.
- A support zone ranging from 50.55 to 51.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.76 to 47.62. 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.
We found 1 important resistance area.
- A resistance zone ranging from 55.42 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 | NEUTRAL | NEUTRAL | The short term trend for MX.CA is neutral. |
| ChartMill Relative Strength | 51.25 | NEUTRAL | MX.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of MX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.7 | NEUTRAL | The RSI value for MX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests MX.CA has a positive trend. |
| Stochastics (14,3) | 42.92 | NEUTRAL | The Stochastics value for MX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for MX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.78 | NEUTRAL | The ADX value for MX.CA suggests a possible start of a new trend. |
TSX:MX (10/31/2025, 7:00:00 PM)
55.2
+7.79 (+16.43%)
METHANEX CORP / MX.CA FAQ
What is the technical rating for MX stock?
ChartMill assigns a technical rating of 5 / 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 63.6965. 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 neutral.
Can you provide the support and resistance levels for METHANEX CORP?
METHANEX CORP (MX.CA) has a support level at 54.84 and a resistance level at 55.42. Check the full technical report for our detailed analysis of MX.CA support and resistance levels.