Methode Electronics Inc

MEI is now in a Stage 3 Distribution regime marked by an active Blow-Off Top pattern and extreme overbought extension. Medium-term bias is bearish with high stage transition risk toward Stage 4, while the long-term uptrend remains intact. Price is extended well above rising EMAs and recent highs, suggesting immediate sell execution at resistance. Execution will target the rejection at the blow-off top high, anticipating a pullback.

• ↑Achieved $26M free cash flow despite 3% sales decline
• ↑Data center segment set to grow 60% to $130M by FY27
• ↓Weak profitability amid adjusted net loss of $37.5M