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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 2024-09-30 View latest technical analysis

10 day averaged volume of Spectrum Electric is 3850

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1862.65	1780.80	1880.00	1755.05	2.338 times
27 Fri Sep 2024	1796.85	1765.00	1819.00	1731.00	1.786 times
26 Thu Sep 2024	1735.30	1670.00	1777.00	1668.20	0.779 times
25 Wed Sep 2024	1693.00	1665.05	1702.00	1664.50	1.169 times
24 Tue Sep 2024	1699.80	1680.00	1709.95	1641.00	1.396 times
23 Mon Sep 2024	1705.65	1715.00	1745.00	1670.05	0.714 times
20 Fri Sep 2024	1715.00	1735.00	1740.00	1690.00	0.162 times
19 Thu Sep 2024	1716.15	1666.00	1732.00	1635.00	0.649 times
18 Wed Sep 2024	1666.00	1730.00	1750.00	1638.75	1.299 times
17 Tue Sep 2024	1725.00	1730.00	1765.00	1725.00	0.26 times

Stock of Spectrum Electric (SPECTRUM_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1865, for a target of 1805 or 1754.94

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
Downside Target	1755.05
Upside Target	1871.35
Upside Target	1880.00
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	1785.13
Downside Intraday Target	1707.62
Upside Intraday Target	1910.08
Upside Intraday Target	1957.52
Downside Intraday Target	1832.57

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1862.65	1780.80	1880.00	1755.05	0.4 times
27 Fri Sep 2024	1796.85	1715.00	1819.00	1641.00	1.406 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

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
30 Mon Sep 2024	1862.65	1850.00	1880.00	1635.00	0.587 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Spectrum Electric ( (SPECTRUM_SM) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Spectrum Electric in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Spectrum Electric Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 1752.27 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.