(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 2024-08-29 View latest technical analysis
10 day averaged volume of Methode Electronics is 273391
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 10.43 | 9.98 | 10.58 | 9.90 | 1.015 times |
| 28 Wed Aug 2024 | 9.97 | 10.14 | 10.16 | 9.81 | 1.049 times |
| 27 Tue Aug 2024 | 10.24 | 10.46 | 10.48 | 10.14 | 0.717 times |
| 26 Mon Aug 2024 | 10.60 | 10.82 | 10.82 | 10.50 | 1.351 times |
| 23 Fri Aug 2024 | 10.63 | 10.02 | 10.64 | 9.99 | 1.085 times |
| 22 Thu Aug 2024 | 9.88 | 10.87 | 10.87 | 9.84 | 1.37 times |
| 21 Wed Aug 2024 | 10.84 | 10.41 | 10.88 | 10.35 | 0.967 times |
| 20 Tue Aug 2024 | 10.30 | 10.80 | 10.98 | 10.30 | 0.786 times |
| 19 Mon Aug 2024 | 10.86 | 10.72 | 10.88 | 10.66 | 0.699 times |
| 16 Fri Aug 2024 | 10.73 | 10.61 | 10.87 | 10.53 | 0.991 times |
My analysis of stock is bearish for shortterm, and stock might move down till 10.1 or till 9.7. Use a stoploss of 10.46 and if the stock hits stoploss, then it can shoot up till 10.81
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 8.54 |
| Downside Target | 8.97 |
| Downside Target | 9.74 |
| Upside Target | 10.82 |
| Upside Target | 11.07 |
| 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 | 9.89 |
| Downside Intraday Target | 9.34 |
| Upside Intraday Target | 10.9 |
| Upside Intraday Target | 11.36 |
| Downside Intraday Target | 10.35 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 10.43 | 10.82 | 10.82 | 9.81 | 0.842 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 |
| 29 Thu Aug 2024 | 10.43 | 12.67 | 12.84 | 9.74 | 0.398 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methode Electronics in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 10.43 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Methode Electronics in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 10.43 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.