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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 2024-04-18 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2425

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	1340.00	1340.00	1340.00	1340.00	0.052 times
16 Tue Apr 2024	1385.00	1400.00	1400.00	1336.05	0.412 times
15 Mon Apr 2024	1406.60	1350.00	1450.00	1275.00	1.082 times
12 Fri Apr 2024	1352.00	1350.00	1399.95	1337.00	0.619 times
10 Wed Apr 2024	1420.00	1420.00	1420.00	1420.00	0.052 times
09 Tue Apr 2024	1398.75	1450.00	1470.00	1378.00	1.34 times
08 Mon Apr 2024	1425.00	1425.00	1425.00	1425.00	0.052 times
05 Fri Apr 2024	1425.00	1425.00	1425.00	1425.00	0.052 times
04 Thu Apr 2024	1449.95	1455.00	1455.00	1449.95	0.103 times
03 Wed Apr 2024	1423.00	1436.00	1460.00	1422.00	0.67 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1372.1, but if it comes above 1372.1, then a intra day buy could be more profitable.
If you take a sell trade below 1372.1, then use 1372.1 as stoploss and 1302.7 as target. However if you take a buy trade in stock , then use 1372.1 as stoploss and 1429.88 as target.

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	1260
Downside Intraday Target	1180
Upside Intraday Target	1435
Upside Intraday Target	1530
Upside Intraday Target	1355

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	1340.00	1350.00	1450.00	1275.00	0.75 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 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
18 Thu Apr 2024	1340.00	1530.00	1540.00	1275.00	0.326 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

Spectrum Electric Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 but buying 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 1397.9 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.