(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 2024-06-21 View latest technical analysis
10 day averaged volume of Methode Electronics is 925200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 10.22 | 10.05 | 10.79 | 10.05 | 8.432 times |
| 20 Thu Jun 2024 | 10.03 | 9.69 | 10.12 | 9.68 | 0.983 times |
| 18 Tue Jun 2024 | 9.97 | 9.77 | 10.07 | 9.60 | 1.009 times |
| 18 Tue Jun 2024 | 9.97 | 9.77 | 10.07 | 9.60 | 1.009 times |
| 17 Mon Jun 2024 | 9.77 | 9.39 | 9.79 | 9.26 | 0.732 times |
| 14 Fri Jun 2024 | 9.50 | 9.91 | 9.91 | 9.38 | 0.657 times |
| 13 Thu Jun 2024 | 9.88 | 10.66 | 10.66 | 9.78 | 0.711 times |
| 12 Wed Jun 2024 | 10.60 | 10.68 | 10.89 | 10.51 | 0.713 times |
| 11 Tue Jun 2024 | 10.41 | 10.29 | 10.43 | 10.02 | 0.857 times |
| 10 Mon Jun 2024 | 10.39 | 10.83 | 10.93 | 8.54 | 2.875 times |
Stock of Methode Electronics (MEI) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10 as stoploss in an intra day buy trade for a target of 10.75. However, stock will show a bearish move below 10.
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 9.26 |
| Downside Target | 9.60 |
| Downside Target | 10.07 |
| Upside Target | 10.52 |
| Upside Target | 10.79 |
| Upside Target | 11.69 |
| Upside Target | 11.93 |
| Upside Target | 12.37 |
| 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 | 9.62 |
| Downside Intraday Target | 9.01 |
| Upside Intraday Target | 10.81 |
| Upside Intraday Target | 11.39 |
| Downside Intraday Target | 10.2 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 10.22 | 9.77 | 10.79 | 9.60 | 5.988 times |
| 18 Tue Jun 2024 | 9.97 | 9.39 | 10.07 | 9.26 | 0.299 times |
| 14 Fri Jun 2024 | 9.50 | 10.83 | 10.93 | 8.54 | 3.032 times |
| 07 Fri Jun 2024 | 11.32 | 11.91 | 11.93 | 10.52 | 1.209 times |
| 31 Fri May 2024 | 11.78 | 11.93 | 12.37 | 11.69 | 0.935 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Methode Electronics (MEI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 10.22 | 11.91 | 11.93 | 8.54 | 2.322 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, and volume has increased substantially. This means that the move can 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Methode Electronics in short term but the buy signal is initial and weak.
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 and BUY 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 10.17 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 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Methode Electronics in short term but the buy signal is initial and weak.
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 and BUY 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 10.17 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 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.