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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Methode Electronics, Inc. (NYSE:MEI)

Crossroads (+60) - MEI is struggling to move into a solid trend. Beware of choppy markets 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.

NYSE_MEI
Open High Low MEI Price Change
12.26 12.46 12.23 12.31 +0.09
Entry Signal

MarketClub’s Trade Triangles for MEI

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 43.26

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 12.73

short term up The short-term trend has been UP since Mar 28th, 2024 at 12.12

Smart Scan Analysis for MEI

Based on our trend formula, MEI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MEI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.26 12.46 12.23 12.31 +0.09
Prev. Close Volume Bid Ask Time
12.22 220043 2024-04-18 15:59:47
Year High45.45Year High Date2018-06-20
Year Low27.65Year Low Date2018-10-23
52wk High46.5852wk High Date2023-06-07
52wk Low11.2152wk Low Date2024-03-26
Year End Close10.03Average Volume817,402
Shares Outstanding35,391Short Interest682,762
% Institutional88.2Market Cap1,365M
Assets149,150,000MLiabilities656,500,000M
P/E Ratio14.3117Beta1.53
Volatility28.51
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