METHODE ELECTRONICS INC (MEI) Stock Technical Analysis
NYSE:MEI - New York Stock Exchange, Inc. - US5915202007 - Common Stock
We assign a technical rating of 6 out of 10 to MEI. In the last year, MEI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 10.51 - 13.14 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, MEI outperforms 47% of them, which is more or less in line with the market.
MEI is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, MEI did better than 43% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
11.21
14.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.72 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.32 to 11.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- Resistance @13.08 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 13.93 to 14.03. This zone is formed by a combination of multiple trend lines 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
CRS47.83
Mansfield-0.49
10 Day High13.14
10 Day Low10.51
20 Day High13.14
20 Day Low10.51
52 Week High22.2
52 Week Low8.54
Performance
1 Week13.58%
2 Weeks6.1%
1 Month7.94%
3 Month42%
6 Month1.4%
12 Month-38.67%
2 Year-72.66%
3 Year-70.36%
5 Year-60.15%
10 Year-63.92%
15 Year18.74%
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)0.05
RSI(14)61.7
LBB10.83
UBB12.92
METHODE ELECTRONICS INC
NYSE:MEI (1/21/2025, 8:13:42 PM)
After market: 13.05 0 (0%)13.05
+1.19 (+10.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg10.03%
1 Week13.58%
2 Weeks6.1%
1 Month7.94%
3 Month42%
6 Month1.4%
12 Month-38.67%
2 Year-72.66%
3 Year-70.36%
5 Year-60.15%
10 Year-63.92%
15 Year18.74%
Volatility
ATR(14)0.75
ATR(20)%5.31%
ATR Inc54.29%
Range Today1.43
ADR(20)0.67
ADR(20)%5.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.83
Mansfield-0.49
10 Day High13.14
10 Day Low10.51
20 Day High13.14
20 Day Low10.51
52 Week High22.2
52 Week Low8.54
CS1 End11.94
CR1 Start13.08
Volume & EV
DER(3)3.67%
DER(5)2.9%
Volume440.70K
Volume Incr-2.79%
Vol(5)398.84K
Vol(50)452.64K