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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 2024-07-23 View latest technical analysis

10 day averaged volume of Spectrum Electric is 4413

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	1896.10	1866.15	1900.00	1808.60	1.303 times
22 Mon Jul 2024	1903.75	1836.00	1921.00	1822.50	1.36 times
19 Fri Jul 2024	1917.95	1950.00	1950.00	1883.15	1.671 times
18 Thu Jul 2024	1982.25	1982.50	2019.25	1982.25	0.878 times
16 Tue Jul 2024	2086.55	2113.10	2113.10	2086.55	0.736 times
15 Mon Jul 2024	2196.35	2120.85	2200.05	2056.05	0.651 times
12 Fri Jul 2024	2120.85	1969.00	2135.00	1969.00	0.34 times
11 Thu Jul 2024	2072.15	2075.00	2101.00	2060.00	0.453 times
10 Wed Jul 2024	2049.10	2038.65	2069.00	2038.65	2.436 times
09 Tue Jul 2024	2145.95	2210.00	2210.00	2145.95	0.793 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2016.8, but if it comes above 2016.8, then a intra day buy could be more profitable.
If you take a sell trade below 2016.8, then use 2016.8 as stoploss and 1811.2 as target. However if you take a buy trade in stock , then use 2016.8 as stoploss and 2188.22 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	1760.00
Downside Target	1808.60
Downside Target	1871.35
Upside Target	1921.00
Upside Target	1969.00
Upside Target	2046.95
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	1829.47
Downside Intraday Target	1762.83
Upside Intraday Target	1941.87
Upside Intraday Target	1987.63
Downside Intraday Target	1875.23

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	1896.10	1836.00	1921.00	1808.60	0.676 times
19 Fri Jul 2024	1917.95	2120.85	2200.05	1883.15	0.837 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

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
23 Tue Jul 2024	1896.10	2269.95	2475.00	1808.60	0.407 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 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 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 SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 2007.71 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.