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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 2024-10-01 View latest technical analysis

10 day averaged volume of Spectrum Electric is 4063

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1769.75	1805.35	1824.00	1769.55	1.384 times
30 Mon Sep 2024	1862.65	1780.80	1880.00	1755.05	2.215 times
27 Fri Sep 2024	1796.85	1765.00	1819.00	1731.00	1.692 times
26 Thu Sep 2024	1735.30	1670.00	1777.00	1668.20	0.738 times
25 Wed Sep 2024	1693.00	1665.05	1702.00	1664.50	1.108 times
24 Tue Sep 2024	1699.80	1680.00	1709.95	1641.00	1.323 times
23 Mon Sep 2024	1705.65	1715.00	1745.00	1670.05	0.677 times
20 Fri Sep 2024	1715.00	1735.00	1740.00	1690.00	0.154 times
19 Thu Sep 2024	1716.15	1666.00	1732.00	1635.00	0.615 times
18 Wed Sep 2024	1666.00	1730.00	1750.00	1638.75	1.231 times

My analysis of stock is bullish for shortterm, and stock might move up till 1801.5 or till 1859.8. Use a stoploss of 1752.92 and if this stock hits its stoploss, then it can fall down till 1704.34

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1530.80
Downside Target	1635.00
Downside Target	1691.60
Downside Target	1755.05
Upside Target	1819.00
Upside Target	1824.00
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	1723.2
Downside Intraday Target	1676.65
Upside Intraday Target	1848.15
Upside Intraday Target	1926.55
Upside Intraday Target	1801.6

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1769.75	1780.80	1880.00	1755.05	0.65 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 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
01 Tue Oct 2024	1769.75	1805.35	1824.00	1769.55	0.087 times
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

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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Spectrum Electric in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1755.04 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 negative.

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