(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.
10 day averaged volume of Methode Electronics is 351120
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 11.36 | 12.11 | 12.22 | 11.18 | 1.97 times |
06 Mon May 2024 | 12.56 | 12.50 | 12.58 | 12.28 | 0.875 times |
03 Fri May 2024 | 12.34 | 12.48 | 12.66 | 12.17 | 0.721 times |
02 Thu May 2024 | 12.27 | 12.04 | 12.34 | 11.94 | 0.68 times |
01 Wed May 2024 | 11.86 | 12.20 | 12.33 | 11.84 | 0.785 times |
30 Tue Apr 2024 | 12.19 | 12.52 | 12.66 | 12.18 | 0.793 times |
29 Mon Apr 2024 | 12.60 | 12.34 | 12.62 | 12.26 | 1.006 times |
26 Fri Apr 2024 | 12.22 | 12.15 | 12.34 | 12.08 | 0.883 times |
25 Thu Apr 2024 | 12.13 | 12.15 | 12.24 | 11.84 | 1.222 times |
24 Wed Apr 2024 | 12.29 | 12.11 | 12.40 | 11.92 | 1.389 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 11.4, for a target of 11.8 or 12.17
Share price targets for Methode Electronics (MEI)
Target Type | Value |
Downside Target | 11.09 |
Upside Target | 11.57 |
Upside Target | 11.84 |
Upside Target | 12.40 |
Upside Target | 12.70 |
Upside Target | 12.75 |
Upside Target | 19.91 |
Upside Target | 20.09 |
Upside Target | 21.77 |
Upside Target | 22.20 |
Upside Target | 22.74 |
Intraday share price targets for Methode Electronics (MEI)
Target Type | Value |
Downside Intraday Target | 10.83 |
Downside Intraday Target | 10.31 |
Upside Intraday Target | 12.23 |
Upside Intraday Target | 13.11 |
Upside Intraday Target | 11.71 |
Weekly technical analysis of Methode Electronics (MEI)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 11.36 | 12.50 | 12.58 | 11.18 | 0.714 times |
03 Fri May 2024 | 12.34 | 12.34 | 12.66 | 11.84 | 0.618 times |
26 Fri Apr 2024 | 12.22 | 11.66 | 12.40 | 11.09 | 0.994 times |
19 Fri Apr 2024 | 11.63 | 12.48 | 12.70 | 11.57 | 0.787 times |
12 Fri Apr 2024 | 12.52 | 12.13 | 12.75 | 11.90 | 0.932 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 |
07 Tue May 2024 | 11.36 | 12.20 | 12.66 | 11.18 | 0.158 times |
30 Tue Apr 2024 | 12.19 | 12.15 | 12.75 | 11.09 | 0.549 times |
28 Thu Mar 2024 | 12.18 | 21.35 | 21.77 | 11.21 | 4.101 times |
29 Thu Feb 2024 | 21.30 | 20.86 | 22.20 | 19.91 | 0.862 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Methode Electronics in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 12.1 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Methode Electronics ( (MEI) ) based on a short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Methode Electronics in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 12.1 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.