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 2024-09-20 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2538

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	1715.00	1735.00	1740.00	1690.00	0.246 times
19 Thu Sep 2024	1716.15	1666.00	1732.00	1635.00	0.985 times
18 Wed Sep 2024	1666.00	1730.00	1750.00	1638.75	1.97 times
17 Tue Sep 2024	1725.00	1730.00	1765.00	1725.00	0.394 times
16 Mon Sep 2024	1725.00	1722.00	1779.00	1682.00	2.709 times
13 Fri Sep 2024	1770.00	1799.00	1799.00	1770.00	0.099 times
12 Thu Sep 2024	1808.50	1728.85	1814.00	1703.05	1.576 times
11 Wed Sep 2024	1728.85	1783.25	1783.25	1710.00	0.887 times
10 Tue Sep 2024	1800.00	1798.85	1800.00	1770.00	0.542 times
09 Mon Sep 2024	1762.00	1799.95	1799.95	1730.00	0.296 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1726.7, but if it comes above 1726.7, then a intra day buy could be more profitable.
If you take a sell trade below 1726.7, then use 1726.7 as stoploss and 1665.1 as target. However if you take a buy trade in stock , then use 1726.7 as stoploss and 1778.07 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1250.00
Downside Target	1530.80
Downside Target	1635.00
Downside Target	1691.60
Upside Target	1770.00
Upside Target	1871.35
Upside Target	1880.00
Upside Target	1900.00
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	1640.33
Downside Intraday Target	1565.67
Upside Intraday Target	1784.33
Upside Intraday Target	1853.67
Downside Intraday Target	1709.67

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	1715.00	1722.00	1779.00	1635.00	1.855 times
13 Fri Sep 2024	1770.00	1799.95	1814.00	1703.05	1.045 times
06 Fri Sep 2024	1818.15	1850.00	1880.00	1705.00	0.115 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	1715.00	1850.00	1880.00	1635.00	0.3 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 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 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 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 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 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 1731.55 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.