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Lower Bollinger Band Walk appears for MEOH after 3.63% move

Methanex Corporation (MEOH) — Daily Technical Analysis & Swing Trading Signals · Jun 18, 2026, 17:34 ET
On Thursday, June 18th, MEOH moved down 3.63% while volume shrunk to 0.6× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 51.49, 49.8 & 47.58, with resistance at 55.4, 57.62 & 59.31. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of MEOH: C

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Methanex Corporation (MEOH)