Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-10 View latest technical analysis

10 day averaged volume of Spectrum Electric is 4725

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	1599.95	1590.00	1620.00	1541.00	0.423 times
09 Wed Oct 2024	1639.90	1597.45	1643.95	1510.20	0.582 times
08 Tue Oct 2024	1597.45	1579.40	1609.90	1418.00	1.005 times
07 Mon Oct 2024	1567.90	1610.05	1610.05	1563.55	0.741 times
04 Fri Oct 2024	1645.85	1690.00	1690.00	1640.00	1.032 times
03 Thu Oct 2024	1714.65	1772.00	1772.00	1695.05	0.503 times
01 Tue Oct 2024	1769.75	1805.35	1824.00	1769.55	1.19 times
30 Mon Sep 2024	1862.65	1780.80	1880.00	1755.05	1.905 times
27 Fri Sep 2024	1796.85	1765.00	1819.00	1731.00	1.455 times
26 Thu Sep 2024	1735.30	1670.00	1777.00	1668.20	0.635 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1635.2, but if it comes above 1635.2, then a intra day buy could be more profitable.
If you take a sell trade below 1635.2, then use 1635.2 as stoploss and 1548.2 as target. However if you take a buy trade in stock , then use 1635.2 as stoploss and 1707.72 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1418.00
Downside Target	1530.80
Upside 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	1463.98
Downside Intraday Target	1328.02
Upside Intraday Target	1689.93
Upside Intraday Target	1779.92
Downside Intraday Target	1553.97

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	1599.95	1610.05	1643.95	1418.00	0.594 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
10 Thu Oct 2024	1599.95	1805.35	1824.00	1418.00	0.402 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1724.22 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.