Methanex stock reaches oversold territory; potential buying opportunity for investors.

From Nasdaq, Inc.: 2025-03-03 18:30:58

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way to measure fear in a stock is through the Relative Strength Index (RSI), with a reading below 30 indicating oversold conditions. Methanex Corp (MEOH) recently hit an RSI of 23.9, suggesting heavy selling may be nearing exhaustion. With a 52-week range of $36.13 to $56.43, MEOH closed at $41.47 on Monday. Investors may see this as a potential buying opportunity. Check out other oversold stocks and consider the RSI when making investment decisions.



Read more at Nasdaq, Inc.: Methanex Enters Oversold Territory (MEOH)