(MEI) Methode Electronics complete technical analysis [charts+indicators] | Buy/Sell Methode Electronics | (MEI) share price targets
Complete technical analysis of Methode Electronics (MEI) by charts plus indicators, forecast predictions and share price targets for Methode Electronics (MEI)
Methode Electronics trades in USA in Capital Goods sector.
10 day averaged volume of Methode Electronics is 375630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 11.07 | 11.03 | 11.27 | 11.00 | 0.88 times |
| 10 Fri May 2024 | 10.87 | 11.61 | 11.62 | 10.83 | 0.943 times |
| 09 Thu May 2024 | 11.52 | 11.43 | 11.62 | 11.28 | 1.108 times |
| 08 Wed May 2024 | 11.42 | 11.26 | 11.75 | 11.18 | 1.563 times |
| 07 Tue May 2024 | 11.36 | 12.11 | 12.22 | 11.18 | 1.842 times |
| 06 Mon May 2024 | 12.56 | 12.50 | 12.58 | 12.28 | 0.818 times |
| 03 Fri May 2024 | 12.34 | 12.48 | 12.66 | 12.17 | 0.674 times |
| 02 Thu May 2024 | 12.27 | 12.04 | 12.34 | 11.94 | 0.636 times |
| 01 Wed May 2024 | 11.86 | 12.20 | 12.33 | 11.84 | 0.734 times |
| 30 Tue Apr 2024 | 12.19 | 12.52 | 12.66 | 12.18 | 0.742 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.4, but if it comes above 11.4, then a intra day buy could be more profitable.
If you take a sell trade below 11.4, then use 11.4 as stoploss and 10.8 as target. However if you take a buy trade in stock , then use 11.4 as stoploss and 11.92 as target.
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 10.83 |
| Upside Target | 11.57 |
| Upside Target | 11.84 |
| Upside Target | 12.40 |
| Upside Target | 12.66 |
| Upside Target | 12.70 |
| Upside Target | 12.75 |
| Upside Target | 19.91 |
| Upside Target | 20.09 |
| Upside Target | 21.77 |
| Upside Target | 22.20 |
| Upside Target | 22.74 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 10.96 |
| Downside Intraday Target | 10.84 |
| Upside Intraday Target | 11.23 |
| Upside Intraday Target | 11.38 |
| Upside Intraday Target | 11.11 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 11.07 | 11.03 | 11.27 | 11.00 | 0.14 times |
| 10 Fri May 2024 | 10.87 | 12.50 | 12.58 | 10.83 | 1.683 times |
| 03 Fri May 2024 | 12.34 | 12.34 | 12.66 | 11.84 | 0.618 times |
| 26 Fri Apr 2024 | 12.22 | 11.66 | 12.40 | 11.09 | 0.994 times |
| 19 Fri Apr 2024 | 11.63 | 12.48 | 12.70 | 11.57 | 0.787 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Methode Electronics (MEI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 11.07 | 12.20 | 12.66 | 10.83 | 0.309 times |
| 30 Tue Apr 2024 | 12.19 | 12.15 | 12.75 | 11.09 | 0.549 times |
| 28 Thu Mar 2024 | 12.18 | 21.35 | 21.77 | 11.21 | 4.101 times |
| 29 Thu Feb 2024 | 21.30 | 20.86 | 22.20 | 19.91 | 0.862 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Methode Electronics (MEI)
Price action analysis of Methode Electronics ( (MEI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Methode Electronics ( (MEI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Methode Electronics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Methode Electronics in short term and the sell signal is strong.
Methode Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methode Electronics in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Methode Electronics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.64 and Methode Electronics (MEI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Methode Electronics (MEI) stock. Volume based technical analysis of Methode Electronics (MEI) stock is negative.
Methode Electronics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Methode Electronics ( (MEI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Methode Electronics ( (MEI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Methode Electronics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Methode Electronics in short term and the sell signal is strong.
Methode Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methode Electronics in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Methode Electronics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.64 and Methode Electronics (MEI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Methode Electronics (MEI) stock. Volume based technical analysis of Methode Electronics (MEI) stock is negative.
Methode Electronics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.