METHODE ELECTRONICS INC (MEI)
US5915202007 - Common Stock
Overall MEI gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MEI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MEI is a bad performer in the overall market: 85% of all stocks are doing better.
MEI is part of the Electronic Equipment, Instruments & Components industry. There are 126 other stocks in this industry, of which 70% are performing better than MEI.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MEI has a been trading in the 8.79 - 17.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MEI has an average technical rating and it also does not offer a high quality setup 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
9.36
14.07
When analyzing the support we notice one important area.
- Support @9.45 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.94 to 13.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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
CRS15.31
Mansfield-1.77
10 Day High17.45
10 Day Low11.79
20 Day High17.45
20 Day Low8.8
52 Week High23.41
52 Week Low8.54
Performance
1 Week-5.1%
2 Weeks4.13%
1 Month30.56%
3 Month3.6%
6 Month18.3%
12 Month-46.31%
2 Year-72.75%
3 Year-75.41%
5 Year-69.28%
10 Year-66.89%
15 Year39.29%
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)54.03
LBB10.73
UBB14.19
METHODE ELECTRONICS INC
NYSE:MEI (12/18/2024, 8:04:00 PM)
After market: 12.09 0 (0%)12.09
-0.56 (-4.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-4.43%
1 Week-5.1%
2 Weeks4.13%
1 Month30.56%
3 Month3.6%
6 Month18.3%
12 Month-46.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.16
ATR(20)%8.15%
ATR Inc
Range Today1.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.45
10 Day Low11.79
20 Day High17.45
20 Day Low8.8
52 Week High23.41
52 Week Low8.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume392.70K
Volume Incr-31.81%
Vol(5)370.30K
Vol(50)437.94K