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 2024-08-12 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2313

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	1869.35	1890.00	1900.00	1859.00	0.432 times
09 Fri Aug 2024	1869.10	1900.00	1950.00	1865.05	0.594 times
08 Thu Aug 2024	1890.00	1863.15	1895.00	1850.00	0.703 times
07 Wed Aug 2024	1863.15	1900.00	1900.00	1828.00	0.703 times
06 Tue Aug 2024	1877.50	1931.00	1931.00	1860.00	0.811 times
05 Mon Aug 2024	1930.00	1875.00	1955.55	1875.00	1.891 times
02 Fri Aug 2024	1955.55	2000.00	2000.00	1913.35	0.594 times
01 Thu Aug 2024	2000.00	2060.00	2060.00	2000.00	0.432 times
31 Wed Jul 2024	2071.05	1990.00	2080.05	1893.05	2.918 times
30 Tue Jul 2024	1990.00	1931.00	1998.00	1931.00	0.432 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1882.1, but if it comes above 1882.1, then a intra day buy could be more profitable.
If you take a sell trade below 1882.1, then use 1882.1 as stoploss and 1776.2 as target. However if you take a buy trade in stock , then use 1882.1 as stoploss and 1970.37 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1210.00
Downside Target	1250.00
Downside Target	1530.80
Downside Target	1808.60
Upside Target	1900.00
Upside Target	1955.55
Upside Target	2060.00
Upside Target	2080.05
Upside Target	2165.00
Upside Target	2200.05
Upside Target	2475.00
Upside Target	2520.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1852.23
Downside Intraday Target	1835.12
Upside Intraday Target	1893.23
Upside Intraday Target	1917.12
Upside Intraday Target	1876.12

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	1869.35	1890.00	1900.00	1859.00	0.092 times
09 Fri Aug 2024	1869.10	1875.00	1955.55	1828.00	0.888 times
02 Fri Aug 2024	1955.55	2030.00	2080.05	1893.05	0.43 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

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
12 Mon Aug 2024	1869.35	2060.00	2060.00	1828.00	0.124 times
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

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

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

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 red color and prices are below the red cloud Prices appear to be moving up

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 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 1961.85 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 negative.

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