(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 2024-03-06 View latest technical analysis
10 day averaged volume of Methode Electronics is 219830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 21.04 | 20.79 | 21.05 | 20.67 | 1.226 times |
| 05 Tue Mar 2024 | 20.51 | 20.60 | 20.85 | 20.43 | 0.703 times |
| 04 Mon Mar 2024 | 20.81 | 21.58 | 21.65 | 20.79 | 0.987 times |
| 01 Fri Mar 2024 | 21.60 | 21.35 | 21.77 | 21.02 | 0.835 times |
| 29 Thu Feb 2024 | 21.30 | 21.54 | 21.86 | 21.21 | 1.335 times |
| 28 Wed Feb 2024 | 21.19 | 21.22 | 21.51 | 21.19 | 0.561 times |
| 27 Tue Feb 2024 | 21.42 | 21.34 | 21.51 | 21.21 | 0.65 times |
| 26 Mon Feb 2024 | 21.20 | 21.14 | 21.47 | 21.11 | 0.892 times |
| 23 Fri Feb 2024 | 21.21 | 21.18 | 21.37 | 20.91 | 0.711 times |
| 22 Thu Feb 2024 | 21.22 | 21.99 | 22.00 | 21.17 | 2.489 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20.8 or till 20.2. Use a stoploss of 21.28 and if the stock hits stoploss, then it can shoot up till 21.77
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 19.91 |
| Downside Target | 20.91 |
| 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 | 20.43 |
| Downside Intraday Target | 19.82 |
| Upside Intraday Target | 21.65 |
| Upside Intraday Target | 22.26 |
| Downside Intraday Target | 21.04 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 21.04 | 21.58 | 21.65 | 20.43 | 0.683 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 |
| 06 Wed Mar 2024 | 21.04 | 21.35 | 21.77 | 20.43 | 0.166 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 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 Weak and stock is losing 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 green color and prices are in or below the green 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 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 21.16 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 Weak and stock is losing 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 green color and prices are in or below the green 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 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 21.16 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.