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 2024-07-31 View latest technical analysis

10 day averaged volume of Spectrum Electric is 4613

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	2071.05	1990.00	2080.05	1893.05	1.463 times
30 Tue Jul 2024	1990.00	1931.00	1998.00	1931.00	0.217 times
29 Mon Jul 2024	2000.00	2030.00	2047.75	2000.00	0.461 times
26 Fri Jul 2024	2035.35	2083.00	2165.00	2002.00	0.786 times
25 Thu Jul 2024	2082.40	2090.40	2090.40	2031.00	1.734 times
24 Wed Jul 2024	1990.90	1890.00	1990.90	1887.30	1.111 times
23 Tue Jul 2024	1896.10	1866.15	1900.00	1808.60	1.246 times
22 Mon Jul 2024	1903.75	1836.00	1921.00	1822.50	1.301 times
19 Fri Jul 2024	1917.95	1950.00	1950.00	1883.15	1.599 times
18 Thu Jul 2024	1982.25	1982.50	2019.25	1982.25	0.84 times

My analysis of stock is bearish for shortterm, and stock might move down till 1951.3 or till 1780.8. Use a stoploss of 2093.45 and if the stock hits stoploss, then it can shoot up till 2235.57

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
Downside Target	1969.00
Upside Target	2080.05
Upside Target	2165.00
Upside Target	2230.00
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	1949.38
Downside Intraday Target	1827.72
Upside Intraday Target	2136.38
Upside Intraday Target	2201.72
Downside Intraday Target	2014.72

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	2071.05	2030.00	2080.05	1893.05	0.346 times
26 Fri Jul 2024	2035.35	1836.00	2165.00	1808.60	1.64 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

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
31 Wed Jul 2024	2071.05	2269.95	2475.00	1808.60	0.53 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 positive zone. This is a BUY 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 1987.13 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 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.