(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 2024-06-03 View latest technical analysis
10 day averaged volume of Methode Electronics is 323800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 11.00 | 11.91 | 11.93 | 10.95 | 1.342 times |
| 31 Fri May 2024 | 11.78 | 11.85 | 12.18 | 11.72 | 1.724 times |
| 30 Thu May 2024 | 11.84 | 11.79 | 11.99 | 11.79 | 0.616 times |
| 29 Wed May 2024 | 11.73 | 12.00 | 12.01 | 11.69 | 0.638 times |
| 28 Tue May 2024 | 12.20 | 11.93 | 12.37 | 11.88 | 1.554 times |
| 24 Fri May 2024 | 11.75 | 11.93 | 11.93 | 11.69 | 1.47 times |
| 23 Thu May 2024 | 11.72 | 12.17 | 12.17 | 11.55 | 0.973 times |
| 22 Wed May 2024 | 12.10 | 12.08 | 12.24 | 11.94 | 0.741 times |
| 21 Tue May 2024 | 12.00 | 12.20 | 12.28 | 11.87 | 0.864 times |
| 20 Mon May 2024 | 12.27 | 12.34 | 12.45 | 12.25 | 0.797 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.3, but if it comes above 11.3, then a intra day buy could be more profitable.
If you take a sell trade below 11.3, then use 11.3 as stoploss and 10.8 as target. However if you take a buy trade in stock , then use 11.3 as stoploss and 11.81 as target.
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 10.83 |
| Upside Target | 11.55 |
| Upside Target | 11.93 |
| Upside Target | 12.37 |
| Upside Target | 12.45 |
| Upside Target | 12.53 |
| Upside Target | 12.58 |
| Upside Target | 12.66 |
| Upside Target | 12.75 |
| Upside Target | 19.91 |
| Upside Target | 21.77 |
| Upside Target | 22.20 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 10.66 |
| Downside Intraday Target | 10.31 |
| Upside Intraday Target | 11.64 |
| Upside Intraday Target | 12.27 |
| Upside Intraday Target | 11.29 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 11.00 | 11.91 | 11.93 | 10.95 | 0.296 times |
| 31 Fri May 2024 | 11.78 | 11.93 | 12.37 | 11.69 | 0.935 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 |
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 |
| 03 Mon Jun 2024 | 11.00 | 11.91 | 11.93 | 10.95 | 0.055 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 |
| 28 Thu Mar 2024 | 12.18 | 21.35 | 21.77 | 11.21 | 4.101 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 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 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 to mid 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 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 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.
Methode Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone
Stock of Methode Electronics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.81 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.
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 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 to mid 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 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 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.
Methode Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone
Stock of Methode Electronics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.81 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.