• Return to Headlines

Methode Elec Down 24.6% Since SmarTrend Downtrend Call (MEI)

By Shiri Gupta

SmarTrend identified a Downtrend for Methode Elec (NYSE:MEI) on June 25th, 2018 at $39.17. In approximately 5 months, Methode Elec has returned 24.60% as of today's recent price of $29.53.

In the past 52 weeks, Methode Elec share prices have been bracketed by a current low of $0.00 and a high of $48.44 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 3%.

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 changes in momentum for shares of Methode Elec.

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

Keywords: spotlights methode elec

Ticker(s): MEI