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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 2024-06-18 View latest technical analysis

10 day averaged volume of Spectrum Electric is 5763

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1898.65	1860.00	1900.00	1799.95	1.41 times
14 Fri Jun 2024	1874.00	1850.00	1890.00	1825.15	0.521 times
13 Thu Jun 2024	1874.85	1880.00	1898.50	1801.00	0.239 times
12 Wed Jun 2024	1868.50	1925.00	1925.00	1856.00	0.369 times
11 Tue Jun 2024	1909.00	1895.00	1961.10	1810.00	2.147 times
10 Mon Jun 2024	1808.75	1890.00	1890.00	1756.00	0.499 times
07 Fri Jun 2024	1818.55	1870.00	1870.00	1740.00	2.429 times
06 Thu Jun 2024	1715.40	1660.00	1719.00	1660.00	0.304 times
05 Wed Jun 2024	1647.25	1533.00	1679.95	1530.80	1.345 times
04 Tue Jun 2024	1611.35	1700.00	1700.00	1608.85	0.607 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1843.8, but if it comes below 1843.8, then a intra day sell could be more profitable.
If you take a sell trade below 1843.8, then use 1843.8 as stoploss and 1744.47 as target. However if you take a buy trade in stock , then use 1843.8 as stoploss and 1962.9 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1210.00
Downside Target	1250.00
Downside Target	1321.40
Downside Target	1530.80
Downside Target	1700.00
Downside Target	1756.00
Downside Target	1799.95
Downside Target	1870.00
Downside Target	1871.35
Downside Target	1898.00
Upside Target	1900.00
Upside Target	1961.10

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1832.4
Downside Intraday Target	1766.15
Upside Intraday Target	1932.45
Upside Intraday Target	1966.25
Downside Intraday Target	1866.2

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1898.65	1860.00	1900.00	1799.95	0.374 times
14 Fri Jun 2024	1874.00	1890.00	1961.10	1756.00	0.606 times
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

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
18 Tue Jun 2024	1898.65	1700.00	1961.10	1530.80	0.327 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 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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 1816.06 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.