(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 2024-03-04 View latest technical analysis
10 day averaged volume of Methode Electronics is 226320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 20.81 | 21.58 | 21.65 | 20.79 | 0.959 times |
| 01 Fri Mar 2024 | 21.60 | 21.35 | 21.77 | 21.02 | 0.811 times |
| 29 Thu Feb 2024 | 21.30 | 21.54 | 21.86 | 21.21 | 1.296 times |
| 28 Wed Feb 2024 | 21.19 | 21.22 | 21.51 | 21.19 | 0.545 times |
| 27 Tue Feb 2024 | 21.42 | 21.34 | 21.51 | 21.21 | 0.631 times |
| 26 Mon Feb 2024 | 21.20 | 21.14 | 21.47 | 21.11 | 0.866 times |
| 23 Fri Feb 2024 | 21.21 | 21.18 | 21.37 | 20.91 | 0.69 times |
| 22 Thu Feb 2024 | 21.22 | 21.99 | 22.00 | 21.17 | 2.417 times |
| 21 Wed Feb 2024 | 21.96 | 22.08 | 22.20 | 21.88 | 0.814 times |
| 20 Tue Feb 2024 | 22.19 | 21.63 | 22.20 | 21.63 | 0.893 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.8 as stoploss in an intra day buy trade for a target of 21.3. However, stock will show a bearish move below 20.8.
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 19.91 |
| Upside Target | 21.77 |
| Upside Target | 21.86 |
| Upside Target | 22.06 |
| Upside Target | 22.20 |
| Upside Target | 22.44 |
| Upside Target | 22.74 |
| Upside Target | 24.72 |
| Upside Target | 25.34 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 20.52 |
| Downside Intraday Target | 20.22 |
| Upside Intraday Target | 21.38 |
| Upside Intraday Target | 21.94 |
| Upside Intraday Target | 21.08 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 20.81 | 21.58 | 21.65 | 20.79 | 0.231 times |
| 01 Fri Mar 2024 | 21.60 | 21.14 | 21.86 | 21.02 | 0.862 times |
| 23 Fri Feb 2024 | 21.21 | 21.63 | 22.20 | 20.91 | 0.745 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 |
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 |
| 04 Mon Mar 2024 | 20.81 | 21.35 | 21.77 | 20.79 | 0.081 times |
| 29 Thu Feb 2024 | 21.30 | 20.86 | 22.20 | 19.91 | 0.862 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 |
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 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 coming down
CCI has generated a SELL signal for Methode Electronics in short term and SELL signal is strong!
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
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 21.38 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 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 coming down
CCI has generated a SELL signal for Methode Electronics in short term and SELL signal is strong!
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
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 21.38 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.