The Market Dance: MEOH’s Rise
In a whirl of activity on Monday, Methanex Corp (Symbol: MEOH) triumphantly crossed over their 200-day moving average of $43.39, soaring as high as $43.54 per share. Currently, Methanex Corp shares are basking in a 0.7% boost for the day. It’s like watching a sprinter break through the finish line, leaving the competition in a cloud of dust. The exhilarating chart below displays the one-year journey of MEOH shares in relation to its 200-day moving average:
Reflecting on the graph, MEOH’s voyage in the last 52 weeks saw it dip to $38.18 per share – a valley moment – yet gallantly scaling to a peak of $49.48. As the markets closed, the final trade was marked at $43.40, embodying the essence of perseverance and progress.
Curious about other movers and shakers who have recently cleared the hurdles of their 200-day moving average? Click here to explore nine other stocks.
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