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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 2024-06-07 View latest technical analysis

10 day averaged volume of Spectrum Electric is 5363

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1818.55	1870.00	1870.00	1740.00	2.61 times
06 Thu Jun 2024	1715.40	1660.00	1719.00	1660.00	0.326 times
05 Wed Jun 2024	1647.25	1533.00	1679.95	1530.80	1.445 times
04 Tue Jun 2024	1611.35	1700.00	1700.00	1608.85	0.653 times
03 Mon Jun 2024	1693.50	1700.00	1726.45	1600.05	1.655 times
31 Fri May 2024	1644.25	1700.00	1700.00	1625.00	0.723 times
30 Thu May 2024	1665.85	1649.80	1685.00	1595.00	0.373 times
29 Wed May 2024	1649.80	1619.30	1685.65	1619.30	2.354 times
28 Tue May 2024	1619.30	1576.10	1644.00	1570.00	0.699 times
27 Mon May 2024	1646.30	1700.00	1700.00	1607.65	1.049 times

Stock of Spectrum Electric (SPECTRUM_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1747, but if it comes below 1747, then a intra day sell could be more profitable.
If you take a sell trade below 1747, then use 1747 as stoploss and 1610.91 as target. However if you take a buy trade in stock , then use 1747 as stoploss and 1910.4 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1210.00
Downside Target	1250.00
Downside Target	1281.00
Downside Target	1307.00
Downside Target	1530.80
Downside Target	1700.00
Downside Target	1760.00
Upside Target	1870.00
Upside Target	1871.35
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1609.57
Downside Intraday Target	1400.58
Upside Intraday Target	1948.77
Upside Intraday Target	2078.98
Downside Intraday Target	1739.78

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1818.55	1700.00	1870.00	1530.80	1.287 times
31 Fri May 2024	1644.25	1700.00	1700.00	1570.00	0.288 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

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
07 Fri Jun 2024	1818.55	1700.00	1870.00	1530.80	0.179 times
31 Fri May 2024	1644.25	1300.00	1871.35	1250.00	2.775 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

Scroll below to view daily charts

Price has moved up 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 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 gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Spectrum Electric in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 1690.39 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 rising upwards.

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.