(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 2024-07-11 View latest technical analysis
10 day averaged volume of Methode Electronics is 514410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 13.76 | 11.00 | 13.95 | 10.93 | 7.55 times |
| 10 Wed Jul 2024 | 9.44 | 9.22 | 9.45 | 8.97 | 1.646 times |
| 09 Tue Jul 2024 | 9.14 | 9.85 | 9.85 | 9.05 | 1.272 times |
| 08 Mon Jul 2024 | 9.83 | 9.76 | 9.87 | 9.62 | 1.088 times |
| 05 Fri Jul 2024 | 9.57 | 9.78 | 9.85 | 9.50 | 0.98 times |
| 03 Wed Jul 2024 | 9.96 | 10.05 | 10.09 | 9.95 | 0.407 times |
| 03 Wed Jul 2024 | 9.96 | 10.05 | 10.09 | 9.95 | 0.407 times |
| 02 Tue Jul 2024 | 10.00 | 9.99 | 10.17 | 9.76 | 0.619 times |
| 01 Mon Jul 2024 | 10.03 | 10.41 | 10.51 | 10.03 | 0.825 times |
| 28 Fri Jun 2024 | 10.35 | 9.86 | 10.40 | 9.86 | 1.909 times |
Stock of Methode Electronics (MEI) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12, for a target of 10.9 or 10.03
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 8.97 |
| Downside Target | 9.24 |
| Downside Target | 9.50 |
| Downside Target | 10.09 |
| Downside Target | 10.44 |
| Downside Target | 10.79 |
| Downside Target | 11.09 |
| Downside Target | 11.93 |
| Downside Target | 12.66 |
| Downside Target | 12.75 |
| Upside Target | 13.95 |
| Upside Target | 21.77 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 10.5 |
| Downside Intraday Target | 7.25 |
| Upside Intraday Target | 15.48 |
| Upside Intraday Target | 17.21 |
| Downside Intraday Target | 12.23 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 13.76 | 9.76 | 13.95 | 8.97 | 8.334 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Methode Electronics (MEI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 13.76 | 10.41 | 13.95 | 8.97 | 0.331 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 11.58 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 positive
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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 11.58 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.