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(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 1343860

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 11.78 11.31 11.81 11.31 0.446 times
26 Tue Mar 2024 11.21 11.54 11.64 11.21 0.577 times
25 Mon Mar 2024 11.45 12.09 12.12 11.32 0.622 times
22 Fri Mar 2024 12.04 12.06 12.30 11.88 0.471 times
21 Thu Mar 2024 12.07 12.31 12.65 11.93 0.837 times
20 Wed Mar 2024 12.23 12.21 12.28 11.66 1.544 times
19 Tue Mar 2024 12.00 11.56 12.49 11.40 2.121 times
18 Mon Mar 2024 11.63 12.51 12.73 11.26 1.926 times
15 Fri Mar 2024 12.52 12.44 12.65 12.23 0.935 times
14 Thu Mar 2024 12.52 13.02 13.26 12.45 0.549 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.9 as stoploss in an intra day buy trade for a target of 14.67. However, stock will show a bearish move below 10.9.

Share price targets for Methode Electronics (MEI)

Target Type Value
Downside Target 11.21
Upside Target 12.12
Upside Target 12.73
Upside Target 13.09
Upside Target 14.67
Upside Target 19.91
Upside Target 21.02
Upside Target 21.65
Upside Target 21.86
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 11.29
Downside Intraday Target 10.79
Upside Intraday Target 12.2
Upside Intraday Target 12.61
Downside Intraday Target 11.7

Weekly technical analysis of Methode Electronics (MEI)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 11.78 12.09 12.12 11.21 0.239 times
22 Fri Mar 2024 12.04 12.51 12.73 11.26 2.335 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

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
27 Wed Mar 2024 11.78 21.35 21.77 11.21 3.985 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 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 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 moving up

CCI has generated a buy signal for Methode Electronics in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 11.96 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 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 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 moving up

CCI has generated a buy signal for Methode Electronics in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 11.96 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.

Daily charts

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