• Return to Headlines

33.7% Return Seen to Date on SmarTrend Methode Electronics Call (MEI)

By David Diaz

SmarTrend identified an Uptrend for Methode Electronics (NYSE:MEI) on November 10th, 2016 at $34.30. In approximately 4 months, Methode Electronics has returned 33.67% as of today's recent price of $45.85.

Over the past year, Methode Electronics has traded in a range of $22.67 to $49.00 and is now at $45.85, 102% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

Methode Electronics, Inc. manufactures component devices worldwide. The Company's products are sold to original equipment manufacturers of information processing and networking equipment, voice and data communications systems, consumer electronics, automobiles, aerospace vehicles, and industrial equipment.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Methode Electronics shares.

Log in and add Methode Electronics (MEI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights methode electronics

Ticker(s): MEI