(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 2024-06-24 View latest technical analysis
10 day averaged volume of Methode Electronics is 1663380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 10.08 | 10.42 | 10.44 | 10.05 | 0.702 times |
| 21 Fri Jun 2024 | 10.22 | 10.05 | 10.79 | 10.05 | 4.69 times |
| 20 Thu Jun 2024 | 10.03 | 9.69 | 10.12 | 9.68 | 0.547 times |
| 18 Tue Jun 2024 | 9.97 | 9.77 | 10.07 | 9.60 | 0.561 times |
| 18 Tue Jun 2024 | 9.97 | 9.77 | 10.07 | 9.60 | 0.561 times |
| 17 Mon Jun 2024 | 9.77 | 9.39 | 9.79 | 9.26 | 0.407 times |
| 14 Fri Jun 2024 | 9.50 | 9.91 | 9.91 | 9.38 | 0.365 times |
| 13 Thu Jun 2024 | 9.88 | 10.66 | 10.66 | 9.78 | 0.396 times |
| 12 Wed Jun 2024 | 10.60 | 10.68 | 10.89 | 10.51 | 0.397 times |
| 11 Tue Jun 2024 | 10.41 | 10.29 | 10.43 | 10.02 | 0.477 times |
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 9.9 as stoploss in an intra day buy trade for a target of 10.66. However, stock will show a bearish move below 9.9.
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 9.26 |
| Downside Target | 9.60 |
| Downside Target | 10.05 |
| Upside Target | 10.44 |
| Upside Target | 10.79 |
| Upside Target | 11.93 |
| 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 | 9.94 |
| Downside Intraday Target | 9.8 |
| Upside Intraday Target | 10.33 |
| Upside Intraday Target | 10.58 |
| Upside Intraday Target | 10.19 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 10.08 | 10.42 | 10.44 | 10.05 | 0.121 times |
| 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 |
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 |
| 24 Mon Jun 2024 | 10.08 | 11.91 | 11.93 | 8.54 | 2.469 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 10.13 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 10.13 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.