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 2024-05-29 View latest technical analysis

10 day averaged volume of Methode Electronics is 350827

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	11.73	12.00	12.01	11.69	0.589 times
28 Tue May 2024	12.20	11.93	12.37	11.88	1.434 times
24 Fri May 2024	11.75	11.93	11.93	11.69	1.357 times
23 Thu May 2024	11.72	12.17	12.17	11.55	0.898 times
22 Wed May 2024	12.10	12.08	12.24	11.94	0.684 times
21 Tue May 2024	12.00	12.20	12.28	11.87	0.798 times
20 Mon May 2024	12.27	12.34	12.45	12.25	0.735 times
17 Fri May 2024	12.35	12.31	12.53	12.23	0.576 times
16 Thu May 2024	12.27	12.34	12.45	12.18	0.902 times
15 Wed May 2024	12.33	12.24	12.44	11.83	1.156 times

My analysis of stock is bearish for shortterm, and stock might move down till 11.4 or till 10.9. Use a stoploss of 11.9 and if the stock hits stoploss, then it can shoot up till 12.35

Share price targets for Methode Electronics (MEI)

Target Type	Value
Downside Target	10.83
Downside Target	11.55
Upside Target	12.37
Upside Target	12.66
Upside Target	12.75
Upside Target	19.91
Upside Target	20.09
Upside Target	21.77
Upside Target	22.20
Upside Target	22.74

Intraday share price targets for Methode Electronics (MEI)

Target Type	Value
Downside Intraday Target	11.49
Downside Intraday Target	11.25
Upside Intraday Target	12.17
Upside Intraday Target	12.61
Upside Intraday Target	11.93

Weekly technical analysis of Methode Electronics (MEI)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	11.73	11.93	12.37	11.69	0.452 times
24 Fri May 2024	11.75	12.34	12.45	11.55	0.888 times
17 Fri May 2024	12.35	11.03	12.53	11.00	0.75 times
10 Fri May 2024	10.87	12.50	12.58	10.83	1.683 times
03 Fri May 2024	12.34	12.34	12.66	11.84	0.618 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
29 Wed May 2024	11.73	12.20	12.66	10.83	0.642 times
30 Tue Apr 2024	12.19	12.15	12.75	11.09	0.549 times
28 Thu Mar 2024	12.18	21.35	21.77	11.21	4.101 times
29 Thu Feb 2024	21.30	20.86	22.20	19.91	0.862 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 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 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 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 gaining momentum.

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

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 in or below 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 SELL signal in short term and selling is picking up 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 12.07 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.