Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-25 View latest technical analysis

10 day averaged volume of Methode Electronics is 488020

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	11.15	11.43	11.43	11.15	1.239 times
24 Tue Sep 2024	11.45	11.44	11.54	11.32	0.757 times
23 Mon Sep 2024	11.36	11.72	11.88	11.28	1.019 times
20 Fri Sep 2024	11.67	11.59	12.01	11.55	2.504 times
19 Thu Sep 2024	11.42	11.40	11.46	11.10	0.979 times
18 Wed Sep 2024	10.96	10.70	11.28	10.58	0.894 times
17 Tue Sep 2024	10.71	10.73	10.95	10.48	0.842 times
16 Mon Sep 2024	10.54	10.65	10.65	10.44	0.754 times
13 Fri Sep 2024	10.57	10.25	10.60	10.19	0.81 times
12 Thu Sep 2024	10.02	9.80	10.12	9.75	0.736 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.1, but if it comes below 11.1, then a intra day sell could be more profitable.
If you take a sell trade below 11.1, then use 11.1 as stoploss and 10.53 as target. However if you take a buy trade in stock , then use 11.1 as stoploss and 11.9 as target.

Share price targets for Methode Electronics (MEI)

Target Type	Value
Downside Target	8.54
Downside Target	8.97
Downside Target	9.30
Downside Target	9.66
Downside Target	10.24
Downside Target	10.83
Downside Target	11.15
Upside Target	11.88
Upside Target	11.93
Upside Target	12.01
Upside Target	12.66
Upside Target	12.84
Upside Target	14.57

Intraday share price targets for Methode Electronics (MEI)

Target Type	Value
Downside Intraday Target	10.91
Downside Intraday Target	10.66
Upside Intraday Target	11.64
Upside Intraday Target	12.12
Upside Intraday Target	11.39

Weekly technical analysis of Methode Electronics (MEI)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	11.15	11.72	11.88	11.15	0.505 times
20 Fri Sep 2024	11.67	10.65	12.01	10.44	1.458 times
13 Fri Sep 2024	10.57	9.74	10.60	9.30	1.181 times
06 Fri Sep 2024	9.74	10.26	10.93	9.66	5.812 times
30 Fri Aug 2024	10.42	10.46	10.55	10.24	0.205 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 Wed Sep 2024	11.15	10.26	12.01	9.30	1.122 times
30 Fri Aug 2024	10.42	12.67	12.84	9.74	0.433 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

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 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 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 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 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 losing momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Methode Electronics in short term but SELL signal is weak.

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 11.12 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.