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(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 2024-07-25 View latest technical analysis

10 day averaged volume of Methode Electronics is 1100328

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	12.98	13.03	13.27	12.92	0.328 times
24 Wed Jul 2024	12.98	13.44	13.78	12.92	0.323 times
23 Tue Jul 2024	13.55	13.29	13.60	13.25	0.316 times
22 Mon Jul 2024	13.45	13.48	13.57	12.90	0.443 times
19 Fri Jul 2024	13.43	13.72	13.72	13.30	0.413 times
18 Thu Jul 2024	13.64	13.80	13.99	13.50	0.64 times
17 Wed Jul 2024	13.93	13.66	14.33	13.52	0.835 times
16 Tue Jul 2024	13.89	13.90	14.15	13.59	1.099 times
15 Mon Jul 2024	13.65	13.58	14.15	13.58	0.767 times
12 Fri Jul 2024	13.80	13.80	14.57	13.50	1.636 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 13.8 as stoploss in an intra day sell trade for a target of 11.87. However, stock will show a bullish move above 13.8.

Share price targets for Methode Electronics (MEI)

Target Type	Value
Downside Target	8.54
Downside Target	8.97
Downside Target	9.50
Downside Target	9.76
Downside Target	10.09
Downside Target	10.51
Downside Target	10.83
Downside Target	11.09
Downside Target	11.93
Downside Target	12.66
Upside Target	13.30
Upside Target	13.78
Upside Target	14.33
Upside Target	14.57
Upside Target	21.77

Intraday share price targets for Methode Electronics (MEI)

Target Type	Value
Downside Intraday Target	12.66
Downside Intraday Target	12.34
Upside Intraday Target	13.54
Upside Intraday Target	14.1
Upside Intraday Target	13.22

Weekly technical analysis of Methode Electronics (MEI)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	12.98	13.48	13.78	12.90	0.375 times
19 Fri Jul 2024	13.43	13.58	14.33	13.30	0.533 times
12 Fri Jul 2024	13.80	9.76	14.57	8.97	10.858 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

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
25 Thu Jul 2024	12.98	10.41	14.57	8.97	0.657 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Methode Electronics in short term and the buy signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Methode Electronics in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 13.66 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.