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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 2024-09-05 View latest technical analysis

10 day averaged volume of Spectrum Electric is 8588

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	1774.95	1800.00	1800.00	1770.00	0.102 times
04 Wed Sep 2024	1785.85	1803.00	1803.00	1754.00	0.189 times
03 Tue Sep 2024	1810.00	1780.00	1830.00	1780.00	0.189 times
02 Mon Sep 2024	1827.00	1850.00	1880.00	1820.00	0.32 times
30 Fri Aug 2024	1847.65	1797.00	1875.95	1750.00	1.703 times
29 Thu Aug 2024	1786.65	1810.00	1810.00	1691.60	1.033 times
28 Wed Aug 2024	1780.60	1900.00	1900.00	1765.00	2.853 times
27 Tue Aug 2024	1851.75	1811.00	1882.00	1811.00	1.47 times
26 Mon Aug 2024	1862.35	1900.00	1900.00	1862.35	1.281 times
23 Fri Aug 2024	1960.35	1962.00	2079.90	1953.00	0.378 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1774.5 as stoploss in an intra day buy trade for a target of 1847.45. However, stock will show a bearish move below 1774.5.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1250.00
Downside Target	1530.80
Downside Target	1691.60
Downside Target	1754.00
Upside Target	1808.60
Upside Target	1871.35
Upside Target	1900.00
Upside Target	1955.55
Upside Target	2079.90
Upside Target	2475.00
Upside Target	2520.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1725.97
Downside Intraday Target	1676.98
Upside Intraday Target	1851.97
Upside Intraday Target	1928.98
Upside Intraday Target	1802.98

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	1774.95	1850.00	1880.00	1754.00	0.096 times
30 Fri Aug 2024	1847.65	1900.00	1900.00	1691.60	4.659 times
23 Fri Aug 2024	1960.35	1770.00	2079.90	1770.00	1.64 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

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
05 Thu Sep 2024	1774.95	1850.00	1880.00	1754.00	0.063 times
30 Fri Aug 2024	1847.65	2060.00	2079.90	1691.60	0.953 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

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 buy signal for Spectrum Electric in short term but BUY signal is weak.

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 1824.58 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.