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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 2024-08-13 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2200

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	1783.95	1875.00	1875.00	1775.90	0.852 times
12 Mon Aug 2024	1869.35	1890.00	1900.00	1859.00	0.455 times
09 Fri Aug 2024	1869.10	1900.00	1950.00	1865.05	0.625 times
08 Thu Aug 2024	1890.00	1863.15	1895.00	1850.00	0.739 times
07 Wed Aug 2024	1863.15	1900.00	1900.00	1828.00	0.739 times
06 Tue Aug 2024	1877.50	1931.00	1931.00	1860.00	0.852 times
05 Mon Aug 2024	1930.00	1875.00	1955.55	1875.00	1.989 times
02 Fri Aug 2024	1955.55	2000.00	2000.00	1913.35	0.625 times
01 Thu Aug 2024	2000.00	2060.00	2060.00	2000.00	0.455 times
31 Wed Jul 2024	2071.05	1990.00	2080.05	1893.05	3.068 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1771.7, for a target of 1868.8 or 1949.75

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	1775.90
Upside Target	1871.35
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	1739.9
Downside Intraday Target	1695.85
Upside Intraday Target	1864
Upside Intraday Target	1944.05
Upside Intraday Target	1819.95

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	1783.95	1890.00	1900.00	1775.90	0.264 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 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
13 Tue Aug 2024	1783.95	2060.00	2060.00	1775.90	0.14 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 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 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 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 1946.04 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.