(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 2024-08-01 View latest technical analysis
10 day averaged volume of Methode Electronics is 424643
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 11.89 | 12.67 | 12.84 | 11.78 | 1.477 times |
| 31 Wed Jul 2024 | 12.66 | 12.73 | 13.09 | 12.64 | 1.1 times |
| 30 Tue Jul 2024 | 12.74 | 12.43 | 12.84 | 12.42 | 0.957 times |
| 29 Mon Jul 2024 | 12.34 | 12.91 | 12.91 | 12.21 | 0.878 times |
| 26 Fri Jul 2024 | 12.87 | 13.23 | 13.23 | 12.74 | 0.688 times |
| 25 Thu Jul 2024 | 12.98 | 13.03 | 13.27 | 12.92 | 0.85 times |
| 24 Wed Jul 2024 | 12.98 | 13.44 | 13.78 | 12.92 | 0.836 times |
| 23 Tue Jul 2024 | 13.55 | 13.29 | 13.60 | 13.25 | 0.818 times |
| 22 Mon Jul 2024 | 13.45 | 13.48 | 13.57 | 12.90 | 1.147 times |
| 19 Fri Jul 2024 | 13.43 | 13.72 | 13.72 | 13.30 | 1.069 times |
My analysis of stock is bearish for shortterm, and stock might move down till 10.9 or till 9. Use a stoploss of 12.48 and if the stock hits stoploss, then it can shoot up till 14.06
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 8.97 |
| Downside Target | 9.50 |
| Downside Target | 10.09 |
| Downside Target | 10.83 |
| Downside Target | 11.09 |
| Downside Target | 11.78 |
| Upside Target | 12.66 |
| Upside Target | 13.09 |
| Upside Target | 13.30 |
| Upside Target | 13.78 |
| Upside Target | 14.33 |
| Upside Target | 14.57 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 11.42 |
| Downside Intraday Target | 10.94 |
| Upside Intraday Target | 12.73 |
| Upside Intraday Target | 13.56 |
| Upside Intraday Target | 12.25 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 11.89 | 12.91 | 13.09 | 11.78 | 1.017 times |
| 26 Fri Jul 2024 | 12.87 | 13.48 | 13.78 | 12.74 | 0.446 times |
| 19 Fri Jul 2024 | 13.43 | 13.58 | 14.33 | 13.30 | 0.533 times |
| 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 |
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 |
| 01 Thu Aug 2024 | 11.89 | 12.67 | 12.84 | 11.78 | 0.038 times |
| 31 Wed Jul 2024 | 12.66 | 10.41 | 14.57 | 8.97 | 0.724 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 |
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 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 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 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 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 SELL signal for Methode Electronics in short term but the sell signal is initial and weak.
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 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 12.84 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 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 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 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 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 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 SELL signal for Methode Electronics in short term but the sell signal is initial and weak.
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 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 12.84 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.