(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 2024-08-16 View latest technical analysis
10 day averaged volume of Methode Electronics is 324575
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 10.73 | 10.61 | 10.87 | 10.53 | 0.835 times |
| 15 Thu Aug 2024 | 10.76 | 10.66 | 10.82 | 10.44 | 0.829 times |
| 14 Wed Aug 2024 | 10.37 | 10.49 | 10.53 | 10.17 | 0.855 times |
| 13 Tue Aug 2024 | 10.41 | 9.92 | 10.46 | 9.87 | 0.957 times |
| 12 Mon Aug 2024 | 9.96 | 10.25 | 10.25 | 9.74 | 1.034 times |
| 09 Fri Aug 2024 | 10.12 | 10.25 | 10.50 | 9.97 | 0.808 times |
| 08 Thu Aug 2024 | 10.31 | 10.26 | 10.37 | 10.14 | 0.822 times |
| 07 Wed Aug 2024 | 10.21 | 10.90 | 10.93 | 10.18 | 0.884 times |
| 06 Tue Aug 2024 | 10.62 | 10.63 | 10.79 | 10.31 | 1.091 times |
| 05 Mon Aug 2024 | 10.66 | 10.54 | 10.73 | 10.23 | 1.172 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 10.3 as stoploss in an intra day buy trade for a target of 11.55. However, stock will show a bearish move below 10.3.
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 8.97 |
| Downside Target | 9.74 |
| Downside Target | 9.97 |
| Upside Target | 10.83 |
| Upside Target | 11.93 |
| Upside Target | 12.66 |
| Upside Target | 12.84 |
| 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 | 10.02 |
| Downside Intraday Target | 9.32 |
| Upside Intraday Target | 11.15 |
| Upside Intraday Target | 11.58 |
| Downside Intraday Target | 10.45 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 10.73 | 10.25 | 10.87 | 9.74 | 0.944 times |
| 09 Fri Aug 2024 | 10.12 | 10.54 | 10.93 | 9.97 | 0.653 times |
| 02 Fri Aug 2024 | 11.36 | 12.91 | 13.09 | 11.07 | 1.29 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 |
Price has moved up 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 |
| 16 Fri Aug 2024 | 10.73 | 12.67 | 12.84 | 9.74 | 0.249 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 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 SELL signal for Methode Electronics in short term and the sell signal is strong.
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 coming down
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 10.42 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 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 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 SELL signal for Methode Electronics in short term and the sell signal is strong.
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 coming down
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 10.42 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.