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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 2024-05-27 View latest technical analysis

10 day averaged volume of Spectrum Electric is 12100

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	1646.30	1700.00	1700.00	1607.65	0.465 times
24 Fri May 2024	1692.25	1690.05	1710.05	1687.00	0.32 times
23 Thu May 2024	1775.75	1750.00	1848.00	1686.15	0.434 times
22 Wed May 2024	1774.90	1855.00	1871.35	1700.00	2.386 times
21 Tue May 2024	1701.25	1664.00	1701.25	1599.00	4.845 times
18 Sat May 2024	1546.60	1567.00	1567.00	1485.00	0.289 times
17 Fri May 2024	1496.55	1307.00	1496.55	1307.00	1.291 times
16 Thu May 2024	1360.50	1341.05	1389.95	1340.00	0.093 times
15 Wed May 2024	1393.35	1400.00	1419.00	1385.00	0.196 times
14 Tue May 2024	1357.50	1390.00	1390.00	1336.10	0.124 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1633, but if it comes below 1633, then a intra day sell could be more profitable.
If you take a sell trade below 1633, then use 1633 as stoploss and 1482.7 as target. However if you take a buy trade in stock , then use 1633 as stoploss and 1813.3 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1060.05
Downside Target	1210.00
Downside Target	1250.00
Downside Target	1281.00
Downside Target	1307.00
Downside Target	1475.00
Downside Target	1523.00
Downside Target	1599.00
Downside Target	1607.65
Upside Target	1700.00
Upside Target	1760.00
Upside Target	1871.35
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1602.63
Downside Intraday Target	1558.97
Upside Intraday Target	1694.98
Upside Intraday Target	1743.67
Upside Intraday Target	1651.32

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	1646.30	1700.00	1700.00	1607.65	0.058 times
24 Fri May 2024	1692.25	1664.00	1871.35	1599.00	3.964 times
18 Sat May 2024	1546.60	1413.95	1567.00	1307.00	0.704 times
10 Fri May 2024	1413.95	1549.00	1549.00	1281.00	1.21 times
03 Fri May 2024	1496.60	1325.00	1523.00	1250.00	0.923 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
27 Mon May 2024	1646.30	1300.00	1871.35	1250.00	2.468 times
30 Tue Apr 2024	1300.00	1530.00	1540.00	1210.00	0.918 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Spectrum Electric in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1675.96 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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