Technical Analysis for MEI - Methode Electronics, Inc.

Grade Last Price % Change Price Change
grade D 24.59 4.77% 1.12
MEI closed up 4.77 percent on Wednesday, December 12, 2018, on 2.94 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical MEI trend table...

Date Alert Name Type % Chg
Dec 12 Slingshot Bearish Bearish Swing Setup 0.00%
Dec 12 Calm After Storm Range Contraction 0.00%
Dec 12 NR7 Range Contraction 0.00%
Dec 12 Lower Bollinger Band Walk Weakness 0.00%
Dec 12 Wide Bands Range Expansion 0.00%
Dec 12 Oversold Stochastic Weakness 0.00%
Dec 11 New 52 Week Closing Low Bearish 4.77%
Dec 11 Calm After Storm Range Contraction 4.77%
Dec 11 Lower Bollinger Band Walk Weakness 4.77%
Dec 11 New 52 Week Low Weakness 4.77%

Older signals for MEI ...

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Profile
Methode Electronics, Inc. engages in the design, manufacture, and marketing of components and subsystem devices worldwide. Its Automotive segment provides electronic and electro-mechanical devices and related products to automobile original equipment manufacturers. Its products include control switches for electrical power and signals, connectors for electrical devices, integrated control components, switches and sensors that monitor the operation or status of a component or system, and packaging electrical components. The company's Interconnect segment offers copper and fiber-optic interconnect and interface solutions for the aerospace, appliance, commercial, computer, construction, consumer, material handling, medical, military, mining, networking, storage, and telecommunications markets. Its solutions include conductive polymers, connectors, custom cable assemblies, industrial safety radio remote controls, optical and copper transceivers, personal computer and express card packaging and terminators, solid-state field effect interface panels, and thick film inks; and services comprise the design and installation of fiber optic and copper infrastructure systems, and manufacturing active and passive optical components. Its Power Products segment manufactures braided flexible cables, current-carrying laminated bus devices, custom power-product assemblies, high-current low voltage flexible power cabling systems, and powder coated bus bars for aerospace, computers, industrial and power conversion, inverters and battery systems, insulated gate bipolar transistor solutions, military, telecommunications, and transportation markets. The company's Other segment designs and manufactures magnetic torque sensing products; and operates independent laboratories that provide services for qualification testing and certification, and analysis of electronic and optical components. Methode Electronics, Inc. was founded in 1946 and is headquartered in Chicago, Illinois.
Is MEI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 45.45
52 Week Low 22.75
Average Volume 301,679
200-Day Moving Average 37.3383
50-Day Moving Average 29.4034
20-Day Moving Average 28.406
10-Day Moving Average 27.404
Average True Range 1.512
ADX 31.78
+DI 20.5828
-DI 36.9992
Chandelier Exit (Long, 3 ATRs ) 29.444
Chandelier Exit (Short, 3 ATRs ) 27.286
Upper Bollinger Band 33.5117
Lower Bollinger Band 23.3003
Percent B (%b) 0.13
BandWidth 35.948039
MACD Line -1.4694
MACD Signal Line -0.8452
MACD Histogram -0.6242
Fundamentals Value
Market Cap 904.7 Million
Num Shares 36.8 Million
EPS 2.46
Price-to-Earnings (P/E) Ratio 10.00
Price-to-Sales 2.06
Price-to-Book 2.89
PEG Ratio 1.20
Dividend 0.36
Dividend Yield 1.46%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.33
Resistance 3 (R3) 26.31 25.72 26.04
Resistance 2 (R2) 25.72 25.27 25.73 25.94
Resistance 1 (R1) 25.15 25.00 25.44 25.17 25.85
Pivot Point 24.56 24.56 24.70 24.57 24.56
Support 1 (S1) 23.99 24.11 24.28 24.01 23.33
Support 2 (S2) 23.40 23.84 23.41 23.24
Support 3 (S3) 22.83 23.40 23.14
Support 4 (S4) 22.85