(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 2024-03-18 View latest technical analysis
10 day averaged volume of Methode Electronics is 809840
Date | Daily Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 11.63 | 12.51 | 12.73 | 11.26 | 3.196 times |
15 Fri Mar 2024 | 12.52 | 12.44 | 12.65 | 12.23 | 1.552 times |
14 Thu Mar 2024 | 12.52 | 13.02 | 13.26 | 12.45 | 0.912 times |
13 Wed Mar 2024 | 13.16 | 13.22 | 13.48 | 12.87 | 0.692 times |
12 Tue Mar 2024 | 13.26 | 13.59 | 13.67 | 13.12 | 0.887 times |
11 Mon Mar 2024 | 13.69 | 14.07 | 14.67 | 13.56 | 0.861 times |
08 Fri Mar 2024 | 14.12 | 14.51 | 14.69 | 13.95 | 1.226 times |
07 Thu Mar 2024 | 14.49 | 17.45 | 17.45 | 13.09 | 3.078 times |
06 Wed Mar 2024 | 21.04 | 20.79 | 21.05 | 20.67 | 0.333 times |
05 Tue Mar 2024 | 20.51 | 20.60 | 20.85 | 20.43 | 0.191 times |
Stock of Methode Electronics (MEI) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14, but if it comes above 14, then a intra day buy could be more profitable.
If you take a sell trade below 14, then use 14 as stoploss and 9.2 as target. However if you take a buy trade in stock , then use 14 as stoploss and 18.05 as target.
Share price targets for Methode Electronics (MEI)
Target Type | Value |
Downside Target | 11.26 |
Upside Target | 12.23 |
Upside Target | 12.73 |
Upside Target | 13.09 |
Upside Target | 14.67 |
Upside Target | 19.91 |
Upside Target | 20.91 |
Upside Target | 21.65 |
Upside Target | 22.20 |
Upside Target | 22.44 |
Upside Target | 22.74 |
Upside Target | 24.72 |
Upside Target | 25.34 |
Intraday share price targets for Methode Electronics (MEI)
Target Type | Value |
Downside Intraday Target | 11.02 |
Downside Intraday Target | 10.4 |
Upside Intraday Target | 12.49 |
Upside Intraday Target | 13.34 |
Upside Intraday Target | 11.87 |
Weekly technical analysis of Methode Electronics (MEI)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 11.63 | 12.51 | 12.73 | 11.26 | 0.652 times |
15 Fri Mar 2024 | 12.52 | 14.07 | 14.67 | 12.23 | 0.962 times |
08 Fri Mar 2024 | 14.12 | 21.58 | 21.65 | 13.09 | 4.394 times |
01 Fri Mar 2024 | 21.60 | 21.14 | 21.86 | 21.02 | 0.862 times |
23 Fri Feb 2024 | 21.21 | 21.63 | 22.20 | 20.91 | 0.745 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 |
18 Mon Mar 2024 | 11.63 | 21.35 | 21.77 | 11.26 | 2.192 times |
29 Thu Feb 2024 | 21.30 | 20.86 | 22.20 | 19.91 | 0.862 times |
31 Wed Jan 2024 | 20.76 | 22.50 | 22.74 | 20.09 | 0.625 times |
29 Fri Dec 2023 | 22.73 | 23.62 | 25.34 | 20.46 | 2.356 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Methode Electronics in short term and the sell signal is strong.
Methode Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 13.42 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Methode Electronics in short term and the sell signal is strong.
Methode Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 13.42 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.