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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 2024-04-09 View latest technical analysis

10 day averaged volume of Spectrum Electric is 3325

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1398.75	1450.00	1470.00	1378.00	0.977 times
08 Mon Apr 2024	1425.00	1425.00	1425.00	1425.00	0.038 times
05 Fri Apr 2024	1425.00	1425.00	1425.00	1425.00	0.038 times
04 Thu Apr 2024	1449.95	1455.00	1455.00	1449.95	0.075 times
03 Wed Apr 2024	1423.00	1436.00	1460.00	1422.00	0.489 times
02 Tue Apr 2024	1473.35	1510.05	1534.00	1434.50	4.098 times
01 Mon Apr 2024	1510.00	1530.00	1540.00	1500.00	0.414 times
28 Thu Mar 2024	1533.10	1460.05	1564.00	1460.05	0.752 times
27 Wed Mar 2024	1499.05	1528.00	1528.00	1450.00	2.143 times
26 Tue Mar 2024	1519.70	1500.00	1575.00	1440.00	1.429 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 1388.5 as stoploss in an intra day buy trade for a target of 1444.21. However, stock will show a bearish move below 1388.5.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1060.05
Downside Target	1082.95
Downside Target	1321.40
Downside Target	1378.00
Upside Target	1422.00
Upside Target	1470.00
Upside Target	1500.00
Upside Target	1540.00
Upside Target	1575.00
Upside Target	1600.40
Upside Target	1760.00
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1361.17
Downside Intraday Target	1323.58
Upside Intraday Target	1453.17
Upside Intraday Target	1507.58
Upside Intraday Target	1415.58

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1398.75	1425.00	1470.00	1378.00	0.199 times
05 Fri Apr 2024	1425.00	1530.00	1540.00	1422.00	1.183 times
28 Thu Mar 2024	1533.10	1500.00	1575.00	1440.00	0.958 times
22 Fri Mar 2024	1500.00	1350.00	1500.00	1321.40	0.418 times
15 Fri Mar 2024	1384.60	1550.00	1600.40	1322.00	2.842 times

Price has moved down 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
09 Tue Apr 2024	1398.75	1530.00	1540.00	1378.00	0.258 times
28 Thu Mar 2024	1533.10	1712.00	1760.00	1321.40	0.729 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 gaining momentum.

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

Spectrum Electric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Spectrum Electric in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1480.86 and Spectrum Electric (SPECTRUM_SM) stock is trading below this level. This means that stock is falling with high volumes. 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.