(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 2024-04-08 View latest technical analysis
10 day averaged volume of Methode Electronics is 652560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 12.58 | 12.13 | 12.75 | 12.06 | 0.793 times |
| 05 Fri Apr 2024 | 12.04 | 11.81 | 12.16 | 11.81 | 0.902 times |
| 04 Thu Apr 2024 | 11.83 | 11.96 | 12.18 | 11.78 | 1.069 times |
| 03 Wed Apr 2024 | 11.84 | 11.56 | 11.87 | 11.56 | 0.596 times |
| 02 Tue Apr 2024 | 11.66 | 11.91 | 12.10 | 11.50 | 1.037 times |
| 01 Mon Apr 2024 | 12.11 | 12.15 | 12.32 | 12.04 | 1.156 times |
| 28 Thu Mar 2024 | 12.18 | 11.78 | 12.19 | 11.77 | 0.88 times |
| 27 Wed Mar 2024 | 11.78 | 11.31 | 11.81 | 11.31 | 0.919 times |
| 26 Tue Mar 2024 | 11.21 | 11.54 | 11.64 | 11.21 | 1.188 times |
| 25 Mon Mar 2024 | 11.45 | 12.09 | 12.12 | 11.32 | 1.281 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12.8 as stoploss in an intra day sell trade for a target of 12.19. However, stock will show a bullish move above 12.8.
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 11.21 |
| Downside Target | 11.50 |
| Downside Target | 12.06 |
| Upside Target | 12.73 |
| Upside Target | 14.67 |
| Upside Target | 19.91 |
| Upside Target | 20.09 |
| Upside Target | 20.46 |
| Upside Target | 21.77 |
| Upside Target | 22.20 |
| Upside Target | 22.74 |
| Upside Target | 25.34 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 12.18 |
| Downside Intraday Target | 11.77 |
| Upside Intraday Target | 12.87 |
| Upside Intraday Target | 13.15 |
| Downside Intraday Target | 12.46 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 12.58 | 12.13 | 12.75 | 12.06 | 0.167 times |
| 05 Fri Apr 2024 | 12.04 | 12.15 | 12.32 | 11.50 | 1.115 times |
| 28 Thu Mar 2024 | 12.18 | 12.09 | 12.19 | 11.21 | 0.3 times |
| 22 Fri Mar 2024 | 12.04 | 12.51 | 12.73 | 11.26 | 2.335 times |
| 15 Fri Mar 2024 | 12.52 | 14.07 | 14.67 | 12.23 | 0.962 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 |
| 08 Mon Apr 2024 | 12.58 | 12.15 | 12.75 | 11.50 | 0.178 times |
| 28 Thu Mar 2024 | 12.18 | 21.35 | 21.77 | 11.21 | 4.101 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 11.83 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 11.83 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.