(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 2024-08-26 View latest technical analysis
10 day averaged volume of Methode Electronics is 280528
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 10.60 | 10.82 | 10.82 | 10.50 | 1.317 times |
| 23 Fri Aug 2024 | 10.63 | 10.02 | 10.64 | 9.99 | 1.058 times |
| 22 Thu Aug 2024 | 9.88 | 10.87 | 10.87 | 9.84 | 1.335 times |
| 21 Wed Aug 2024 | 10.84 | 10.41 | 10.88 | 10.35 | 0.943 times |
| 20 Tue Aug 2024 | 10.30 | 10.80 | 10.98 | 10.30 | 0.766 times |
| 19 Mon Aug 2024 | 10.86 | 10.72 | 10.88 | 10.66 | 0.681 times |
| 16 Fri Aug 2024 | 10.73 | 10.61 | 10.87 | 10.53 | 0.966 times |
| 15 Thu Aug 2024 | 10.76 | 10.66 | 10.82 | 10.44 | 0.96 times |
| 14 Wed Aug 2024 | 10.37 | 10.49 | 10.53 | 10.17 | 0.99 times |
| 13 Tue Aug 2024 | 10.41 | 9.92 | 10.46 | 9.87 | 1.107 times |
My analysis of stock is bearish for shortterm, and stock might move down till 10 or till 9.1. Use a stoploss of 10.8 and if the stock hits stoploss, then it can shoot up till 11.58
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 8.97 |
| Downside Target | 9.74 |
| Downside Target | 10.50 |
| Upside Target | 10.82 |
| Upside Target | 11.09 |
| Upside Target | 11.93 |
| Upside Target | 12.66 |
| Upside Target | 12.75 |
| Upside Target | 12.84 |
| Upside Target | 13.09 |
| Upside Target | 14.57 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 10.46 |
| Downside Intraday Target | 10.32 |
| Upside Intraday Target | 10.78 |
| Upside Intraday Target | 10.96 |
| Upside Intraday Target | 10.64 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 10.60 | 10.82 | 10.82 | 10.50 | 0.275 times |
| 23 Fri Aug 2024 | 10.63 | 10.72 | 10.98 | 9.84 | 0.917 times |
| 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 |
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 |
| 26 Mon Aug 2024 | 10.60 | 12.67 | 12.84 | 9.74 | 0.352 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 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 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 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 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 SELL. Signal strength is Strong 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. Bears 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 10.51 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 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 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 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 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 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 SELL. Signal strength is Strong 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. Bears 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 10.51 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.