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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 2024-08-20 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2125

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	1874.00	1860.00	1898.90	1859.00	1.059 times
19 Mon Aug 2024	1808.50	1770.00	1815.00	1770.00	0.471 times
16 Fri Aug 2024	1759.00	1850.00	1882.90	1759.00	1 times
14 Wed Aug 2024	1794.00	1830.00	1830.00	1694.75	2.059 times
13 Tue Aug 2024	1783.95	1875.00	1875.00	1775.90	0.882 times
12 Mon Aug 2024	1869.35	1890.00	1900.00	1859.00	0.471 times
09 Fri Aug 2024	1869.10	1900.00	1950.00	1865.05	0.647 times
08 Thu Aug 2024	1890.00	1863.15	1895.00	1850.00	0.765 times
07 Wed Aug 2024	1863.15	1900.00	1900.00	1828.00	0.765 times
06 Tue Aug 2024	1877.50	1931.00	1931.00	1860.00	0.882 times

My analysis of stock is bearish for shortterm, and stock might move down till 1824 or till 1712.4. Use a stoploss of 1917 and if the stock hits stoploss, then it can shoot up till 2009.99

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	1694.75
Downside Target	1770.00
Downside Target	1808.60
Downside Target	1871.35
Upside Target	1955.55
Upside Target	2060.00
Upside Target	2080.05
Upside Target	2165.00
Upside Target	2475.00
Upside Target	2520.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1796.37
Downside Intraday Target	1718.73
Upside Intraday Target	1925.27
Upside Intraday Target	1976.53
Downside Intraday Target	1847.63

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	1874.00	1770.00	1898.90	1770.00	0.347 times
16 Fri Aug 2024	1759.00	1890.00	1900.00	1694.75	0.862 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

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
20 Tue Aug 2024	1874.00	2060.00	2060.00	1694.75	0.225 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 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 1830.85 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 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.