(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 2024-02-28 View latest technical analysis
10 day averaged volume of Methode Electronics is 254810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 21.19 | 21.22 | 21.51 | 21.19 | 0.484 times |
| 27 Tue Feb 2024 | 21.42 | 21.34 | 21.51 | 21.21 | 0.56 times |
| 26 Mon Feb 2024 | 21.20 | 21.14 | 21.47 | 21.11 | 0.769 times |
| 23 Fri Feb 2024 | 21.21 | 21.18 | 21.37 | 20.91 | 0.613 times |
| 22 Thu Feb 2024 | 21.22 | 21.99 | 22.00 | 21.17 | 2.147 times |
| 21 Wed Feb 2024 | 21.96 | 22.08 | 22.20 | 21.88 | 0.723 times |
| 20 Tue Feb 2024 | 22.19 | 21.63 | 22.20 | 21.63 | 0.793 times |
| 16 Fri Feb 2024 | 21.93 | 21.82 | 22.06 | 21.77 | 0.92 times |
| 15 Thu Feb 2024 | 21.98 | 21.37 | 21.99 | 21.24 | 1.079 times |
| 14 Wed Feb 2024 | 21.20 | 20.82 | 21.24 | 20.68 | 0.853 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20.8 or till 20.2. Use a stoploss of 21.27 and if the stock hits stoploss, then it can shoot up till 21.74
Share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Target | 19.91 |
| Upside Target | 22.06 |
| Upside Target | 22.20 |
| Upside Target | 22.27 |
| Upside Target | 22.44 |
| Upside Target | 22.74 |
| Upside Target | 24.72 |
| Upside Target | 25.34 |
| Upside Target | 26.03 |
Intraday share price targets for Methode Electronics (MEI)
| Target Type | Value |
| Downside Intraday Target | 21.03 |
| Downside Intraday Target | 20.87 |
| Upside Intraday Target | 21.43 |
| Upside Intraday Target | 21.67 |
| Upside Intraday Target | 21.27 |
Weekly technical analysis of Methode Electronics (MEI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 21.19 | 21.14 | 21.51 | 21.11 | 0.424 times |
| 23 Fri Feb 2024 | 21.21 | 21.63 | 22.20 | 20.91 | 0.745 times |
| 16 Fri Feb 2024 | 21.93 | 21.05 | 22.06 | 19.91 | 1.229 times |
| 09 Fri Feb 2024 | 21.04 | 20.71 | 21.29 | 20.33 | 0.886 times |
| 02 Fri Feb 2024 | 21.03 | 21.23 | 21.75 | 20.75 | 1.279 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 |
| 28 Wed Feb 2024 | 21.19 | 20.86 | 22.20 | 19.91 | 0.811 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 |
| 30 Thu Nov 2023 | 23.73 | 22.94 | 24.72 | 22.44 | 0.47 times |
Scroll below to view daily charts
Price has moved up 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 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 21.54 and Methode Electronics (MEI) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 21.54 and Methode Electronics (MEI) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.