(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 2024-02-22 View latest technical analysis
10 day averaged volume of Methode Electronics is 264580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 21.22 | 21.99 | 22.00 | 21.17 | 2.068 times |
| 21 Wed Feb 2024 | 21.96 | 22.08 | 22.20 | 21.88 | 0.696 times |
| 20 Tue Feb 2024 | 22.19 | 21.63 | 22.20 | 21.63 | 0.763 times |
| 16 Fri Feb 2024 | 21.93 | 21.82 | 22.06 | 21.77 | 0.886 times |
| 15 Thu Feb 2024 | 21.98 | 21.37 | 21.99 | 21.24 | 1.039 times |
| 14 Wed Feb 2024 | 21.20 | 20.82 | 21.24 | 20.68 | 0.821 times |
| 13 Tue Feb 2024 | 20.43 | 21.06 | 21.28 | 19.91 | 1.485 times |
| 12 Mon Feb 2024 | 21.82 | 21.05 | 21.87 | 21.05 | 1.295 times |
| 09 Fri Feb 2024 | 21.04 | 20.95 | 21.28 | 20.89 | 1.647 times |
| 08 Thu Feb 2024 | 20.94 | 20.70 | 21.11 | 20.62 | 0.548 times |
Stock of Methode Electronics (MEI) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 20.8 or till 20.2. Use a stoploss of 21.3 and if the stock hits stoploss, then it can shoot up till 21.78
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 19.91 |
| Upside Target | 21.75 |
| 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 | 20.86 |
| Downside Intraday Target | 20.5 |
| Upside Intraday Target | 21.89 |
| Upside Intraday Target | 22.56 |
| Upside Intraday Target | 21.53 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 21.22 | 21.63 | 22.20 | 21.17 | 0.638 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 down 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 |
| 22 Thu Feb 2024 | 21.22 | 20.86 | 22.20 | 19.91 | 0.704 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Methode Electronics in short term but the buy signal is initial and weak.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Methode Electronics in short term but SELL 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 21.38 and Methode Electronics (MEI) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Methode Electronics in short term but the buy signal is initial and weak.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Methode Electronics in short term but SELL 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 21.38 and Methode Electronics (MEI) stock is trading below this level. This means that stock is falling with high volumes. 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.