(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 2024-05-31 View latest technical analysis
10 day averaged volume of Methode Electronics is 299642
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 11.78 | 11.85 | 12.18 | 11.72 | 1.863 times |
| 30 Thu May 2024 | 11.84 | 11.79 | 11.99 | 11.79 | 0.665 times |
| 29 Wed May 2024 | 11.73 | 12.00 | 12.01 | 11.69 | 0.69 times |
| 28 Tue May 2024 | 12.20 | 11.93 | 12.37 | 11.88 | 1.679 times |
| 24 Fri May 2024 | 11.75 | 11.93 | 11.93 | 11.69 | 1.588 times |
| 23 Thu May 2024 | 11.72 | 12.17 | 12.17 | 11.55 | 1.051 times |
| 22 Wed May 2024 | 12.10 | 12.08 | 12.24 | 11.94 | 0.801 times |
| 21 Tue May 2024 | 12.00 | 12.20 | 12.28 | 11.87 | 0.934 times |
| 20 Mon May 2024 | 12.27 | 12.34 | 12.45 | 12.25 | 0.861 times |
| 17 Fri May 2024 | 12.35 | 12.31 | 12.53 | 12.23 | 0.674 times |
My analysis of stock is bearish for shortterm, and stock might move down till 11.4 or till 10.9. Use a stoploss of 11.88 and if the stock hits stoploss, then it can shoot up till 12.32
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 10.83 |
| Downside Target | 11.55 |
| Upside Target | 12.37 |
| Upside Target | 12.66 |
| Upside Target | 12.75 |
| Upside Target | 19.91 |
| Upside Target | 20.09 |
| Upside Target | 21.77 |
| Upside Target | 22.20 |
| Upside Target | 22.74 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 11.52 |
| Downside Intraday Target | 11.27 |
| Upside Intraday Target | 12.2 |
| Upside Intraday Target | 12.63 |
| Upside Intraday Target | 11.95 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 11.78 | 11.93 | 12.37 | 11.69 | 0.935 times |
| 24 Fri May 2024 | 11.75 | 12.34 | 12.45 | 11.55 | 0.888 times |
| 17 Fri May 2024 | 12.35 | 11.03 | 12.53 | 11.00 | 0.75 times |
| 10 Fri May 2024 | 10.87 | 12.50 | 12.58 | 10.83 | 1.683 times |
| 03 Fri May 2024 | 12.34 | 12.34 | 12.66 | 11.84 | 0.618 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 |
| 31 Fri May 2024 | 11.78 | 12.20 | 12.66 | 10.83 | 0.709 times |
| 30 Tue Apr 2024 | 12.19 | 12.15 | 12.75 | 11.09 | 0.549 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 coming down
CCI has generated a buy signal for Methode Electronics in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 11.95 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 coming down
CCI has generated a buy signal for Methode Electronics in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 11.95 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.