(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.
Showing technical analysis as on 2024-02-20 View latest technical analysis
10 day averaged volume of Methode Electronics is 265260
Date | Daily Closing Price | Open | High | Low | Volume |
20 Tue Feb 2024 | 22.19 | 21.63 | 22.20 | 21.63 | 0.762 times |
16 Fri Feb 2024 | 21.93 | 21.82 | 22.06 | 21.77 | 0.884 times |
15 Thu Feb 2024 | 21.98 | 21.37 | 21.99 | 21.24 | 1.037 times |
14 Wed Feb 2024 | 21.20 | 20.82 | 21.24 | 20.68 | 0.819 times |
13 Tue Feb 2024 | 20.43 | 21.06 | 21.28 | 19.91 | 1.482 times |
12 Mon Feb 2024 | 21.82 | 21.05 | 21.87 | 21.05 | 1.292 times |
09 Fri Feb 2024 | 21.04 | 20.95 | 21.28 | 20.89 | 1.643 times |
08 Thu Feb 2024 | 20.94 | 20.70 | 21.11 | 20.62 | 0.546 times |
07 Wed Feb 2024 | 20.68 | 21.06 | 21.06 | 20.59 | 0.816 times |
06 Tue Feb 2024 | 21.04 | 20.68 | 21.29 | 20.68 | 0.655 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 22.3, for a target of 21.7 or 21.28
Share price targets for Methode Electronics (MEI)
Target Type | Value |
Downside Target | 19.91 |
Downside Target | 22.06 |
Upside Target | 22.20 |
Upside Target | 22.27 |
Upside Target | 22.44 |
Upside Target | 22.74 |
Upside Target | 24.72 |
Upside Target | 25.34 |
Upside Target | 26.03 |
Intraday share price targets for Methode Electronics (MEI)
Target Type | Value |
Downside Intraday Target | 21.81 |
Downside Intraday Target | 21.44 |
Upside Intraday Target | 22.38 |
Upside Intraday Target | 22.58 |
Downside Intraday Target | 22.01 |
Weekly technical analysis of Methode Electronics (MEI)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Tue Feb 2024 | 22.19 | 21.63 | 22.20 | 21.63 | 0.138 times |
16 Fri Feb 2024 | 21.93 | 21.05 | 22.06 | 19.91 | 1.229 times |
09 Fri Feb 2024 | 21.04 | 20.71 | 21.29 | 20.33 | 0.886 times |
02 Fri Feb 2024 | 21.03 | 21.23 | 21.75 | 20.75 | 1.279 times |
26 Fri Jan 2024 | 21.28 | 21.11 | 21.94 | 20.97 | 0.869 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 |
20 Tue Feb 2024 | 22.19 | 20.86 | 22.20 | 19.91 | 0.577 times |
31 Wed Jan 2024 | 20.76 | 22.50 | 22.74 | 20.09 | 0.625 times |
29 Fri Dec 2023 | 22.73 | 23.62 | 25.34 | 20.46 | 2.356 times |
30 Thu Nov 2023 | 23.73 | 22.94 | 24.72 | 22.44 | 0.47 times |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Methode Electronics stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Methode Electronics in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Methode Electronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methode Electronics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Methode Electronics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 21.29 and Methode Electronics (MEI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Methode Electronics stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Methode Electronics in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Methode Electronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methode Electronics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Methode Electronics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 21.29 and Methode Electronics (MEI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.