(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 2024-02-21 View latest technical analysis
10 day averaged volume of Methode Electronics is 263540
Date | Daily Closing Price | Open | High | Low | Volume |
21 Wed Feb 2024 | 21.96 | 22.08 | 22.20 | 21.88 | 0.699 times |
20 Tue Feb 2024 | 22.19 | 21.63 | 22.20 | 21.63 | 0.766 times |
16 Fri Feb 2024 | 21.93 | 21.82 | 22.06 | 21.77 | 0.89 times |
15 Thu Feb 2024 | 21.98 | 21.37 | 21.99 | 21.24 | 1.043 times |
14 Wed Feb 2024 | 21.20 | 20.82 | 21.24 | 20.68 | 0.825 times |
13 Tue Feb 2024 | 20.43 | 21.06 | 21.28 | 19.91 | 1.491 times |
12 Mon Feb 2024 | 21.82 | 21.05 | 21.87 | 21.05 | 1.3 times |
09 Fri Feb 2024 | 21.04 | 20.95 | 21.28 | 20.89 | 1.654 times |
08 Thu Feb 2024 | 20.94 | 20.70 | 21.11 | 20.62 | 0.55 times |
07 Wed Feb 2024 | 20.68 | 21.06 | 21.06 | 20.59 | 0.822 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.8, but if it comes below 21.8, then a intra day sell could be more profitable.
If you take a sell trade below 21.8, then use 21.8 as stoploss and 21.29 as target. However if you take a buy trade in stock , then use 21.8 as stoploss and 22.4 as target.
Share price targets for Methode Electronics (MEI)
Target Type | Value |
Downside Target | 19.91 |
Upside 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 | 21.66 |
Downside Intraday Target | 21.36 |
Upside Intraday Target | 22.23 |
Upside Intraday Target | 22.5 |
Downside Intraday Target | 21.93 |
Weekly technical analysis of Methode Electronics (MEI)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Wed Feb 2024 | 21.96 | 21.63 | 22.20 | 21.63 | 0.264 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 |
21 Wed Feb 2024 | 21.96 | 20.86 | 22.20 | 19.91 | 0.609 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Methode Electronics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Methode Electronics in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 and the buying is gaining 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 21.36 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Methode Electronics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Methode Electronics in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 and the buying is gaining 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 21.36 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.