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MEOH forms 20 Day Moving Average Support on July 29

Methanex Corporation (MEOH) — Nightly Technical Analysis · Jul 29, 2026, 17:48 ET
MEOH finished higher by 2.76% on Wednesday, July 29th, trading 1.7 times its typical volume. Mixed technical signals appeared with 20 DMA Support and Hammer Candlestick suggesting upside potential, while 50 DMA Resistance and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 52.51, 50.34 & 49.13, with resistance at 55.89, 57.1 & 59.27.

Current SwingTradeBot Technical Rating of MEOH: A

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Methanex Corporation (MEOH)