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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 2024-10-09 View latest technical analysis

10 day averaged volume of Spectrum Electric is 4988

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	1639.90	1597.45	1643.95	1510.20	0.551 times
08 Tue Oct 2024	1597.45	1579.40	1609.90	1418.00	0.952 times
07 Mon Oct 2024	1567.90	1610.05	1610.05	1563.55	0.702 times
04 Fri Oct 2024	1645.85	1690.00	1690.00	1640.00	0.977 times
03 Thu Oct 2024	1714.65	1772.00	1772.00	1695.05	0.476 times
01 Tue Oct 2024	1769.75	1805.35	1824.00	1769.55	1.128 times
30 Mon Sep 2024	1862.65	1780.80	1880.00	1755.05	1.804 times
27 Fri Sep 2024	1796.85	1765.00	1819.00	1731.00	1.378 times
26 Thu Sep 2024	1735.30	1670.00	1777.00	1668.20	0.601 times
25 Wed Sep 2024	1693.00	1665.05	1702.00	1664.50	0.902 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1645.9, but if it comes above 1645.9, then a intra day buy could be more profitable.
If you take a sell trade below 1645.9, then use 1645.9 as stoploss and 1564 as target. However if you take a buy trade in stock , then use 1645.9 as stoploss and 1714.16 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1418.00
Downside Target	1530.80
Downside Target	1635.00
Upside Target	1691.60
Upside Target	1779.00
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	1490.62
Downside Intraday Target	1341.33
Upside Intraday Target	1716.57
Upside Intraday Target	1793.23
Downside Intraday Target	1567.28

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	1639.90	1610.05	1643.95	1418.00	0.503 times
04 Fri Oct 2024	1645.85	1780.80	1880.00	1640.00	0.972 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

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
09 Wed Oct 2024	1639.90	1805.35	1824.00	1418.00	0.371 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 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.

Spectrum Electric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY 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 1726.51 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.