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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 2024-09-24 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2663

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	1699.80	1680.00	1709.95	1641.00	2.018 times
23 Mon Sep 2024	1705.65	1715.00	1745.00	1670.05	1.033 times
20 Fri Sep 2024	1715.00	1735.00	1740.00	1690.00	0.235 times
19 Thu Sep 2024	1716.15	1666.00	1732.00	1635.00	0.939 times
18 Wed Sep 2024	1666.00	1730.00	1750.00	1638.75	1.878 times
17 Tue Sep 2024	1725.00	1730.00	1765.00	1725.00	0.376 times
16 Mon Sep 2024	1725.00	1722.00	1779.00	1682.00	2.582 times
13 Fri Sep 2024	1770.00	1799.00	1799.00	1770.00	0.094 times
12 Thu Sep 2024	1808.50	1728.85	1814.00	1703.05	1.502 times
11 Wed Sep 2024	1728.85	1783.25	1783.25	1710.00	0.845 times

Stock of Spectrum Electric (SPECTRUM_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1714.3, but if it comes above 1714.3, then a intra day buy could be more profitable.
If you take a sell trade below 1714.3, then use 1714.3 as stoploss and 1656.2 as target. However if you take a buy trade in stock , then use 1714.3 as stoploss and 1762.64 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	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	1645.53
Downside Intraday Target	1591.27
Upside Intraday Target	1749.53
Upside Intraday Target	1799.27
Downside Intraday Target	1695.27

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	1699.80	1715.00	1745.00	1641.00	0.508 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
24 Tue Sep 2024	1699.80	1850.00	1880.00	1635.00	0.374 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 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 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 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 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 1719.84 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.