(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 2024-07-08 View latest technical analysis
10 day averaged volume of Methode Electronics is 623110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 9.83 | 9.76 | 9.87 | 9.62 | 0.898 times |
| 05 Fri Jul 2024 | 9.57 | 9.78 | 9.85 | 9.50 | 0.809 times |
| 03 Wed Jul 2024 | 9.96 | 10.05 | 10.09 | 9.95 | 0.336 times |
| 03 Wed Jul 2024 | 9.96 | 10.05 | 10.09 | 9.95 | 0.336 times |
| 02 Tue Jul 2024 | 10.00 | 9.99 | 10.17 | 9.76 | 0.511 times |
| 01 Mon Jul 2024 | 10.03 | 10.41 | 10.51 | 10.03 | 0.681 times |
| 28 Fri Jun 2024 | 10.35 | 9.86 | 10.40 | 9.86 | 1.576 times |
| 27 Thu Jun 2024 | 9.79 | 9.92 | 10.01 | 9.70 | 0.7 times |
| 26 Wed Jun 2024 | 9.75 | 9.45 | 9.77 | 9.24 | 1.372 times |
| 25 Tue Jun 2024 | 9.52 | 10.01 | 10.01 | 9.50 | 1.806 times |
My analysis of stock is bearish for shortterm, and stock might move down till 9.7 or till 9.3. Use a stoploss of 9.96 and if the stock hits stoploss, then it can shoot up till 10.24
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 9.24 |
| Downside Target | 9.50 |
| Upside Target | 10.09 |
| Upside Target | 10.44 |
| Upside Target | 10.79 |
| Upside Target | 10.83 |
| Upside Target | 11.09 |
| Upside Target | 11.21 |
| Upside Target | 11.93 |
| Upside Target | 12.66 |
| Upside Target | 12.75 |
| Upside Target | 21.77 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 9.68 |
| Downside Intraday Target | 9.52 |
| Upside Intraday Target | 9.93 |
| Upside Intraday Target | 10.02 |
| Downside Intraday Target | 9.77 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 9.83 | 9.76 | 9.87 | 9.62 | 0.784 times |
| 05 Fri Jul 2024 | 9.57 | 10.05 | 10.09 | 9.50 | 0.749 times |
| 03 Wed Jul 2024 | 9.96 | 10.41 | 10.51 | 9.76 | 0.208 times |
| 28 Fri Jun 2024 | 10.35 | 10.42 | 10.44 | 9.24 | 0.473 times |
| 21 Fri Jun 2024 | 10.22 | 9.77 | 10.79 | 9.60 | 5.988 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 Jul 2024 | 9.83 | 10.41 | 10.51 | 9.50 | 0.097 times |
| 28 Fri Jun 2024 | 10.35 | 11.91 | 11.93 | 8.54 | 2.898 times |
| 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 |
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 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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 9.85 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 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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 9.85 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.