(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 2024-08-23 View latest technical analysis
10 day averaged volume of Methode Electronics is 277094
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 10.63 | 10.02 | 10.64 | 9.99 | 1.071 times |
| 22 Thu Aug 2024 | 9.88 | 10.87 | 10.87 | 9.84 | 1.352 times |
| 21 Wed Aug 2024 | 10.84 | 10.41 | 10.88 | 10.35 | 0.955 times |
| 20 Tue Aug 2024 | 10.30 | 10.80 | 10.98 | 10.30 | 0.775 times |
| 19 Mon Aug 2024 | 10.86 | 10.72 | 10.88 | 10.66 | 0.689 times |
| 16 Fri Aug 2024 | 10.73 | 10.61 | 10.87 | 10.53 | 0.978 times |
| 15 Thu Aug 2024 | 10.76 | 10.66 | 10.82 | 10.44 | 0.972 times |
| 14 Wed Aug 2024 | 10.37 | 10.49 | 10.53 | 10.17 | 1.002 times |
| 13 Tue Aug 2024 | 10.41 | 9.92 | 10.46 | 9.87 | 1.121 times |
| 12 Mon Aug 2024 | 9.96 | 10.25 | 10.25 | 9.74 | 1.211 times |
My analysis of stock is bearish for shortterm, and stock might move down till 10 or till 9. Use a stoploss of 10.88 and if the stock hits stoploss, then it can shoot up till 11.72
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 8.97 |
| Downside Target | 9.74 |
| Upside Target | 10.83 |
| Upside Target | 11.93 |
| Upside Target | 12.66 |
| Upside Target | 12.74 |
| Upside Target | 12.75 |
| Upside Target | 12.84 |
| Upside Target | 13.09 |
| Upside Target | 13.78 |
| Upside Target | 14.57 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 9.99 |
| Downside Intraday Target | 9.34 |
| Upside Intraday Target | 11.13 |
| Upside Intraday Target | 11.62 |
| Downside Intraday Target | 10.48 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 10.63 | 10.72 | 10.98 | 9.84 | 0.917 times |
| 16 Fri Aug 2024 | 10.73 | 10.25 | 10.87 | 9.74 | 0.944 times |
| 09 Fri Aug 2024 | 10.12 | 10.54 | 10.93 | 9.97 | 0.653 times |
| 02 Fri Aug 2024 | 11.36 | 12.91 | 13.09 | 11.07 | 1.29 times |
| 26 Fri Jul 2024 | 12.87 | 13.48 | 13.78 | 12.74 | 0.446 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 |
| 23 Fri Aug 2024 | 10.63 | 12.67 | 12.84 | 9.74 | 0.33 times |
| 31 Wed Jul 2024 | 12.66 | 10.41 | 14.57 | 8.97 | 0.724 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 |
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 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 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 gaining momentum.
MACD generated a SELL signal for Methode Electronics in short term and the sell signal is strong.
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 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 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 10.43 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Methode Electronics in short term and the sell signal is strong.
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 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 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 10.43 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.