METHODE ELECTRONICS INC (MEI)
US5915202007 - Common Stock
Taking everything into account, MEI scores 1 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.
97% of all other stocks performed better in the past year than MEI.
MEI is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, of which 87% are performing better than MEI.
MEI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MEI is lagging the market.
In the last month MEI has a been trading in the 11.21 - 12.75 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is bad, MEI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.39. Right above this resistance zone may be a good entry point.
More info and screens
12.18
22.83
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 12.39 to 12.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.58 from a trend line in the daily time frame.
- A resistance zone ranging from 19.78 to 19.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.58 from a horizontal line in the daily time frame.
- Resistance @22.60 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
CRS3.71
Mansfield-5.79
10 Day High12.75
10 Day Low11.81
20 Day High12.75
20 Day Low11.21
52 Week High46.58
52 Week Low11.21
Performance
1 Week-2.15%
2 Weeks3.97%
1 Month0.57%
3 Month-41.04%
6 Month-47.79%
12 Month-70.56%
2 Year-72.43%
3 Year-72.62%
5 Year-58.32%
10 Year-55.66%
15 Year104.32%
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)0.32
RSI(14)37.81
LBB11.63
UBB12.84
METHODE ELECTRONICS INC
NYSE:MEI (4/18/2024, 7:07:21 PM)
After market: 12.3 0 (0%)12.3
+0.08 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.65%
1 Week-2.15%
2 Weeks3.97%
1 Month0.57%
3 Month-41.04%
6 Month-47.79%
12 Month-70.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%3.88%
ATR Inc
Range Today0.23
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 High12.75
10 Day Low11.81
20 Day High12.75
20 Day Low11.21
52 Week High46.58
52 Week Low11.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume303.90K
Volume Incr-54.62%
Vol(5)443.28K
Vol(50)642.90K