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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 2024-04-15 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2450

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1406.60	1350.00	1450.00	1275.00	1.071 times
12 Fri Apr 2024	1352.00	1350.00	1399.95	1337.00	0.612 times
10 Wed Apr 2024	1420.00	1420.00	1420.00	1420.00	0.051 times
09 Tue Apr 2024	1398.75	1450.00	1470.00	1378.00	1.327 times
08 Mon Apr 2024	1425.00	1425.00	1425.00	1425.00	0.051 times
05 Fri Apr 2024	1425.00	1425.00	1425.00	1425.00	0.051 times
04 Thu Apr 2024	1449.95	1455.00	1455.00	1449.95	0.102 times
03 Wed Apr 2024	1423.00	1436.00	1460.00	1422.00	0.663 times
02 Tue Apr 2024	1473.35	1510.05	1534.00	1434.50	5.561 times
01 Mon Apr 2024	1510.00	1530.00	1540.00	1500.00	0.561 times

My analysis of stock is bearish for shortterm, and stock might move down till 1377.2 or till 1311.2. Use a stoploss of 1432.23 and if the stock hits stoploss, then it can shoot up till 1487.23

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1060.05
Downside Target	1082.95
Downside Target	1275.00
Downside Target	1321.40
Upside Target	1422.00
Upside Target	1475.00
Upside Target	1500.00
Upside Target	1540.00
Upside Target	1575.00
Upside Target	1760.00
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1304.4
Downside Intraday Target	1202.2
Upside Intraday Target	1479.4
Upside Intraday Target	1552.2
Downside Intraday Target	1377.2

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1406.60	1350.00	1450.00	1275.00	0.525 times
12 Fri Apr 2024	1352.00	1425.00	1470.00	1337.00	0.294 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

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
15 Mon Apr 2024	1406.60	1530.00	1540.00	1275.00	0.312 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Spectrum Electric ( (SPECTRUM_SM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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 in or above 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 positive zone. This is a BUY 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 1446.72 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.