(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 2024-07-12 View latest technical analysis
10 day averaged volume of Methode Electronics is 859160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 13.80 | 13.80 | 14.57 | 13.50 | 2.095 times |
| 11 Thu Jul 2024 | 13.76 | 11.00 | 13.95 | 10.93 | 4.52 times |
| 10 Wed Jul 2024 | 9.44 | 9.22 | 9.45 | 8.97 | 0.985 times |
| 09 Tue Jul 2024 | 9.14 | 9.85 | 9.85 | 9.05 | 0.762 times |
| 08 Mon Jul 2024 | 9.83 | 9.76 | 9.87 | 9.62 | 0.651 times |
| 05 Fri Jul 2024 | 9.57 | 9.78 | 9.85 | 9.50 | 0.587 times |
| 03 Wed Jul 2024 | 9.96 | 10.05 | 10.09 | 9.95 | 0.243 times |
| 03 Wed Jul 2024 | 9.96 | 10.05 | 10.09 | 9.95 | 0.243 times |
| 02 Tue Jul 2024 | 10.00 | 9.99 | 10.17 | 9.76 | 0.37 times |
| 01 Mon Jul 2024 | 10.03 | 10.41 | 10.51 | 10.03 | 0.494 times |
Stock of Methode Electronics (MEI) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.9, for a target of 11.5 or 10.25
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 8.97 |
| Downside Target | 9.24 |
| Downside Target | 9.50 |
| Downside Target | 10.09 |
| Downside Target | 10.44 |
| Downside Target | 10.79 |
| Downside Target | 11.09 |
| Downside Target | 11.93 |
| Downside Target | 12.66 |
| Downside Target | 12.75 |
| Upside Target | 14.57 |
| Upside Target | 21.77 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 10.32 |
| Downside Intraday Target | 6.85 |
| Upside Intraday Target | 15.92 |
| Upside Intraday Target | 18.05 |
| Downside Intraday Target | 12.45 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 13.80 | 9.76 | 14.57 | 8.97 | 10.858 times |
| 05 Fri Jul 2024 | 9.57 | 10.05 | 10.09 | 9.50 | 0.749 times |
| 03 Wed Jul 2024 | 9.96 | 10.41 | 10.51 | 9.76 | 0.208 times |
| 28 Fri Jun 2024 | 10.35 | 10.42 | 10.44 | 9.24 | 0.473 times |
| 21 Fri Jun 2024 | 10.22 | 9.77 | 10.79 | 9.60 | 5.988 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 |
| 12 Fri Jul 2024 | 13.80 | 10.41 | 14.57 | 8.97 | 0.41 times |
| 28 Fri Jun 2024 | 10.35 | 11.91 | 11.93 | 8.54 | 2.898 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 |
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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Methode Electronics stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 12.14 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.
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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Methode Electronics stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 12.14 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.