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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 2024-09-23 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2463

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1705.65	1715.00	1745.00	1670.05	1.117 times
20 Fri Sep 2024	1715.00	1735.00	1740.00	1690.00	0.254 times
19 Thu Sep 2024	1716.15	1666.00	1732.00	1635.00	1.015 times
18 Wed Sep 2024	1666.00	1730.00	1750.00	1638.75	2.03 times
17 Tue Sep 2024	1725.00	1730.00	1765.00	1725.00	0.406 times
16 Mon Sep 2024	1725.00	1722.00	1779.00	1682.00	2.791 times
13 Fri Sep 2024	1770.00	1799.00	1799.00	1770.00	0.102 times
12 Thu Sep 2024	1808.50	1728.85	1814.00	1703.05	1.624 times
11 Wed Sep 2024	1728.85	1783.25	1783.25	1710.00	0.914 times
10 Tue Sep 2024	1800.00	1798.85	1800.00	1770.00	0.558 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1720.4, but if it comes above 1720.4, then a intra day buy could be more profitable.
If you take a sell trade below 1720.4, then use 1720.4 as stoploss and 1660.7 as target. However if you take a buy trade in stock , then use 1720.4 as stoploss and 1770.24 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	1670.05
Upside Target	1745.00
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	1668.8
Downside Intraday Target	1631.95
Upside Intraday Target	1743.75
Upside Intraday Target	1781.85
Upside Intraday Target	1706.9

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1705.65	1715.00	1745.00	1670.05	0.172 times
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

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
23 Mon Sep 2024	1705.65	1850.00	1880.00	1635.00	0.325 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 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 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 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 SELL signal for Spectrum Electric in short term and SELL 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 1728.02 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.