NYSE
On the weekly chart, MEI has been moving sideways between $5.08 and $11.74 since 23 Feb 2025.
Since 2018, NasdaqScan has found 3 sideways ranges in MEI. Completed ranges lasted 1008 days on average, from 371 to 1645 days. Of those 2, 1 broke upward and 1 broke downward. The latest retest signal NasdaqScan detected in MEI was in the week of 10 Dec 2023, below the earlier $21.76 – $41.70 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 23 Feb 2025 | Open | — | — | |
| 8 Dec 2019 | 9 Jun 2024 (1645 days) | Broke below the range at $8.54 | 10 Dec 2023 (Go ahead) | |
| 2 Dec 2018 | 8 Dec 2019 (371 days) | Broke above the range at $41.70 | — |
All NYSE stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.