METHODE ELECTRONICS INC (MEI) Technical Analysis
NYSE:MEI • US5915202007
Current stock price
MEI Technical Rating and Analysis
We assign a technical rating of 5 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month MEI has a been trading in the 5.35 - 7.95 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, MEI outperforms 63% of them, which is more or less in line with the market.
- MEI is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 47% of 124 stocks in the same industry.
- MEI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MEI is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MEI Weekly and Daily overview Charts
MEI Setup Rating and Analysis
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
MEI Support and Resistance Analysis
5.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.73 to 7.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.94 to 7.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.99 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.26 from a trend line in the weekly time frame.
- Resistance @8.75 from a trend line in the weekly time frame.
MEI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MEI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MEI is up. |
| ChartMill Relative Strength | 63.05 | NEUTRAL | MEI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MEI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MEI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MEI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.43 | NEUTRAL | The RSI value for MEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests MEI has a positive trend. |
| Stochastics (14,3) | 83.77 | OVERBOUGHT | The high Stochastics value suggests MEI may be overbought. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for MEI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.44 | POSITIVE | The high ADX value value for MEI suggests a strong trend. |
MEI Chart- and CandleStick Pattern Analysis
MEI Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MEI (4/23/2026, 2:01:57 PM)
7.93
+0.19 (+2.45%)
METHODE ELECTRONICS INC / MEI TA FAQ
Can you provide the ChartMill technical rating for METHODE ELECTRONICS INC?
ChartMill assigns a technical rating of 5 / 10 to MEI.
What is the trend direction for MEI stock?
The current trend direction for METHODE ELECTRONICS INC (MEI) is Bearish.
What is the RSI signal for MEI stock?
METHODE ELECTRONICS INC (MEI) has an RSI value of 67.4335. This indicates that the stock is currently neutral.
What is the short term momentum for MEI stock?
The short term momentum for METHODE ELECTRONICS INC (MEI) is positive.