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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 2024-07-16 View latest technical analysis

10 day averaged volume of Spectrum Electric is 5838

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2086.55	2113.10	2113.10	2086.55	0.557 times
15 Mon Jul 2024	2196.35	2120.85	2200.05	2056.05	0.492 times
12 Fri Jul 2024	2120.85	1969.00	2135.00	1969.00	0.257 times
11 Thu Jul 2024	2072.15	2075.00	2101.00	2060.00	0.343 times
10 Wed Jul 2024	2049.10	2038.65	2069.00	2038.65	1.841 times
09 Tue Jul 2024	2145.95	2210.00	2210.00	2145.95	0.6 times
08 Mon Jul 2024	2258.90	2400.00	2400.00	2242.50	0.514 times
05 Fri Jul 2024	2360.00	2310.00	2380.00	2310.00	0.492 times
04 Thu Jul 2024	2339.35	2475.00	2475.00	2260.20	0.878 times
03 Wed Jul 2024	2369.95	2369.95	2376.15	2271.00	4.068 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2057 as stoploss in an intra day buy trade for a target of 2208.72. However, stock will show a bearish move below 2057.

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	1760.00
Downside Target	1799.95
Downside Target	1871.35
Downside Target	1969.00
Downside Target	2046.95
Upside Target	2119.95
Upside Target	2200.05
Upside Target	2400.00
Upside Target	2475.00
Upside Target	2520.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	2028.38
Downside Intraday Target	1970.22
Upside Intraday Target	2172.38
Upside Intraday Target	2258.22
Upside Intraday Target	2114.22

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2086.55	2120.85	2200.05	2056.05	0.295 times
12 Fri Jul 2024	2120.85	2400.00	2400.00	1969.00	0.539 times
05 Fri Jul 2024	2360.00	2269.95	2475.00	2230.00	0.431 times
28 Fri Jun 2024	2335.75	2100.00	2520.00	2046.95	1.275 times
21 Fri Jun 2024	2037.15	1860.00	2119.95	1799.95	3.218 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
16 Tue Jul 2024	2086.55	2269.95	2475.00	1969.00	0.301 times
28 Fri Jun 2024	2335.75	1700.00	2520.00	1530.80	1.08 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

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 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 term time period is neutral. A longer time frame might give a better analysis.

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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Spectrum Electric in short term but the sell signal is initial and weak.

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 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 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

Although the stock is in the BUY zone, but buying 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 2248.14 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 positive

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