Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-27 View latest technical analysis

10 day averaged volume of Spectrum Electric is 14250

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	2384.50	2206.70	2434.95	2206.70	0.947 times
26 Wed Jun 2024	2322.85	2520.00	2520.00	2322.85	1.368 times
25 Tue Jun 2024	2445.10	2390.00	2445.10	2350.00	1.351 times
24 Mon Jun 2024	2222.85	2100.00	2240.85	2046.95	1.912 times
21 Fri Jun 2024	2037.15	1950.00	2119.95	1950.00	1.614 times
20 Thu Jun 2024	1942.45	1901.00	1970.00	1901.00	1.114 times
19 Wed Jun 2024	1907.50	1930.00	1980.00	1880.00	1.614 times
18 Tue Jun 2024	1898.65	1860.00	1900.00	1799.95	0.57 times
14 Fri Jun 2024	1874.00	1850.00	1890.00	1825.15	0.211 times
13 Thu Jun 2024	1874.85	1880.00	1898.50	1801.00	0.096 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2451.9, for a target of 2158.8 or 1914.62

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	1898.00
Downside Target	1961.10
Downside Target	2046.95
Downside Target	2119.95
Upside Target	2520.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	2114.3
Downside Intraday Target	1844.1
Upside Intraday Target	2587.35
Upside Intraday Target	2790.2
Downside Intraday Target	2317.15

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	2384.50	2100.00	2520.00	2046.95	1.136 times
21 Fri Jun 2024	2037.15	1860.00	2119.95	1799.95	3.218 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

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
27 Thu Jun 2024	2384.50	1700.00	2520.00	1530.80	1.031 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 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 above the green cloud Prices appear to be moving up

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 2146.66 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.