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Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Methode Electronics, Inc. (NYSE:MEI)
Sidelines Mode (-55) - MEI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MEI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MEI
The long-term trend has been DOWN since Mar 9th, 2023 at 43.260
The intermediate-term trend has been DOWN since Jun 13th, 2023 at 41.825
The short-term trend has been UP since Sep 26th, 2023 at 22.280
Smart Scan Analysis for MEI
Based on our trend formula, MEI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.700 | 23.540 | 22.265 | 23.480 | +0.630 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.490 | 421936 | 2023-10-02 15:59:58 |
| Year High | 45.45 | Year High Date | 2018-06-20 |
| Year Low | 27.65 | Year Low Date | 2018-10-23 |
| 52wk High | 51.38 | 52wk High Date | 2023-02-03 |
| 52wk Low | 21.38 | 52wk Low Date | 2023-09-21 |
| Year End Close | 10.03 | Average Volume | 453,195 |
| Shares Outstanding | 36,010 | Short Interest | 682,762 |
| % Institutional | 88.2 | Market Cap | 1,365M |
| Assets | 157,410,000M | Liabilities | 642,700,000M |
| P/E Ratio | 14.8377 | Beta | 1.53 |
| Volatility | 28.51 |