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(SPECTRUM_SM) Spectrum Electric complete technical analysis [charts+indicators] | Buy/Sell Spectrum Electric | (SPECTRUM_SM) share price targets

Complete technical analysis of Spectrum Electric (SPECTRUM_SM) by charts plus indicators, forecast predictions and share price targets for Spectrum Electric (SPECTRUM_SM)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Spectrum Electric is 4763

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1428.60	1369.00	1437.45	1350.00	1.968 times
20 Wed Mar 2024	1369.00	1365.00	1369.00	1365.00	0.184 times
19 Tue Mar 2024	1348.45	1400.00	1405.00	1321.40	0.446 times
18 Mon Mar 2024	1390.95	1350.00	1424.80	1350.00	0.184 times
15 Fri Mar 2024	1384.60	1360.00	1398.00	1322.00	0.945 times
14 Thu Mar 2024	1387.40	1353.00	1480.40	1339.45	4.566 times
13 Wed Mar 2024	1409.95	1450.00	1458.00	1409.95	0.315 times
12 Tue Mar 2024	1484.15	1453.00	1600.40	1448.00	1.024 times
11 Mon Mar 2024	1524.20	1550.00	1560.00	1524.20	0.682 times
06 Wed Mar 2024	1604.40	1551.00	1620.00	1551.00	0.63 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1420.6 as stoploss in an intra day buy trade for a target of 1578.53. However, stock will show a bearish move below 1420.6.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	999.00
Downside Target	1060.05
Downside Target	1082.95
Downside Target	1187.95
Downside Target	1321.40
Upside Target	1431.25
Upside Target	1475.00
Upside Target	1551.00
Upside Target	1600.40
Upside Target	1656.00
Upside Target	1718.00
Upside Target	1760.00
Upside Target	1779.95
Upside Target	1867.95
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1354.18
Downside Intraday Target	1279.77
Upside Intraday Target	1470.23
Upside Intraday Target	1511.87
Downside Intraday Target	1395.82

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1428.60	1350.00	1437.45	1321.40	0.369 times
15 Fri Mar 2024	1384.60	1550.00	1600.40	1322.00	2.842 times
06 Wed Mar 2024	1604.40	1730.00	1750.05	1551.00	2.349 times
02 Sat Mar 2024	1711.00	1779.95	1779.95	1656.00	0.426 times
23 Fri Feb 2024	1779.95	1760.00	1867.95	1718.00	0.91 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1428.60	1712.00	1760.00	1321.40	0.58 times
29 Thu Feb 2024	1743.00	1470.00	1898.00	1335.00	0.809 times
31 Wed Jan 2024	1456.85	1339.95	1475.00	1060.05	1.919 times
29 Fri Dec 2023	1341.35	1150.00	1431.25	1082.95	1.311 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Spectrum Electric (SPECTRUM_SM)

Price action analysis of Spectrum Electric ( (SPECTRUM_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Spectrum Electric ( (SPECTRUM_SM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Spectrum Electric ( (SPECTRUM_SM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Spectrum Electric ( (SPECTRUM_SM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Spectrum Electric stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Spectrum Electric in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Spectrum Electric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Spectrum Electric in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Spectrum Electric is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1423.45 and Spectrum Electric (SPECTRUM_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Spectrum Electric (SPECTRUM_SM) stock. Volume based technical analysis of Spectrum Electric (SPECTRUM_SM) stock is negative.

Spectrum Electric Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.