METHANEX CORP (MX.CA) Technical Analysis
TSX:MX • CA59151K1084
79.06 CAD
+6.46 (+8.9%)
Last: Mar 12, 2026, 07:00 PM
Overall MX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MX is only an average performer.
- The long and short term trends are both positive. This is looking good!
- MX is part of the Chemicals industry. There are 28 other stocks in this industry. MX outperforms 70% of them.
- A new 52 week high is currently being made by MX, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so MX is leading the market.
- In the last month MX has a been trading in the 64.03 - 80.44 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that MX is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
Although MX has an excellent technical rating, it does not offer a high 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
46.29
79.85
When analyzing the support we can see 6 important areas.
- A support zone ranging from 68.69 to 69.31. 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 67.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 65.52 to 66.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 77.52 | POSITIVE | MX.CA has a high relative strength, it outperformed 77.52% 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) | 63.33 | NEUTRAL | The RSI value for MX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests MX.CA has a positive trend. |
| Stochastics (14,3) | 58.7 | NEUTRAL | The Stochastics value for MX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for MX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.98 | 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 (3/12/2026, 7:00:00 PM)
79.06
+6.46 (+8.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg8.9%
1 Week1.36%
2 Weeks19.28%
1 Month18.14%
3 Month45.87%
6 Month45.68%
12 Month45.84%
2 Year30.96%
3 Year25.71%
5 Year70.5%
10 Year89.41%
15 Year162.31%
Volatility
ATR(14)4.75
ATR(20)%5.04%
ATR Inc51.11%
Range Today6.96
ADR(20)3.75
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.52
3 months CRS89.41
6 months CRS81.41
Mansfield4.41
10 Day High80.44
10 Day Low66.22
20 Day High80.44
20 Day Low64.03
52 Week High80.44
52 Week Low36.1
CS1 End69.31
CR1 StartN/A
Volume & EV
DER(3)7.54%
DER(5)3.72%
Volume799.59K
Volume Incr227.8%
Vol(5)671.15K
Vol(50)280.02K
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 63.3302. 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 0.510106, 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.