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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Methode Electronics, Inc. (NYSE:MEI)
Long-Term Downtrend (-90) - MEI is in a strong downtrend that is likely to continue. While MEI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Oct 31st, 2024 at 8.9700
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 10.4375
The short-term trend has been DOWN since Nov 12th, 2024 at 9.8600
Smart Scan Analysis for MEI
Based on our trend formula, MEI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.06 | 9.29 | 8.98 | 9.25 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.26 | 206836 | 2024-11-19 15:59:31 |
| Year High | 45.45 | Year High Date | 2018-06-20 |
| Year Low | 27.65 | Year Low Date | 2018-10-23 |
| 52wk High | 25.34 | 52wk High Date | 2023-12-04 |
| 52wk Low | 8.54 | 52wk Low Date | 2024-06-10 |
| Year End Close | 10.03 | Average Volume | 340,389 |
| Shares Outstanding | 35,245 | Short Interest | 682,762 |
| % Institutional | 88.2 | Market Cap | 1,365M |
| Assets | 137,790,000M | Liabilities | 633,500,000M |
| P/E Ratio | 14.3117 | Beta | 1.53 |
| Volatility | 28.51 |