METHODE ELECTRONICS INC (MEI) Stock Technical Analysis
NYSE:MEI - New York Stock Exchange, Inc. - US5915202007 - Common Stock - Currency: USD
Taking everything into account, MEI scores 0 out of 10 in our technical rating. MEI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
88% of all other stocks performed better in the past year than MEI.
MEI is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 80% of 124 stocks in the same industry do better.
MEI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MEI has a been trading in the 9.69 - 13.20 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
MEI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.00
14.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.38 to 10.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 10.84 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.67 to 11.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.42 from a trend line in the weekly time frame.
- Resistance @12.67 from a trend line in the daily time frame.
- Resistance @13.07 from a horizontal line in the weekly time frame.
- Resistance @13.93 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.05
Mansfield-1.58
10 Day High10.99
10 Day Low9.69
20 Day High13.2
20 Day Low9.69
52 Week High21.86
52 Week Low8.54
Performance
1 Week-0.38%
2 Weeks-4.19%
1 Month-19.14%
3 Month0.48%
6 Month-1.03%
12 Month-50.4%
2 Year-78.41%
3 Year-76.95%
5 Year-65.69%
10 Year-72.95%
15 Year-15.43%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)42.1
LBB10.03
UBB11.18
10.52
-0.06 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.57%
1 Week-0.38%
2 Weeks-4.19%
1 Month-19.14%
3 Month0.48%
6 Month-1.03%
12 Month-50.4%
2 Year-78.41%
3 Year-76.95%
5 Year-65.69%
10 Year-72.95%
15 Year-15.43%
Volatility
ATR(14)0.49
ATR(20)%5.24%
ATR Inc-6.63%
Range Today0.56
ADR(20)0.52
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.05
Mansfield-1.58
10 Day High10.99
10 Day Low9.69
20 Day High13.2
20 Day Low9.69
52 Week High21.86
52 Week Low8.54
CS1 End10.47
CR1 Start10.84
Volume & EV
DER(3)0.36%
DER(5)2.2%
Volume212.50K
Volume Incr-33.62%
Vol(5)191.64K
Vol(50)354.36K