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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 2024-10-18 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2838

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	1668.20	1530.00	1680.00	1510.00	2.555 times
17 Thu Oct 2024	1538.00	1595.00	1595.00	1530.00	0.793 times
16 Wed Oct 2024	1545.00	1595.00	1595.00	1529.05	0.22 times
15 Tue Oct 2024	1619.95	1506.00	1623.95	1506.00	1.498 times
14 Mon Oct 2024	1606.20	1615.00	1615.00	1550.00	0.705 times
11 Fri Oct 2024	1606.00	1525.00	1625.00	1525.00	0.484 times
10 Thu Oct 2024	1599.95	1590.00	1620.00	1541.00	0.705 times
09 Wed Oct 2024	1639.90	1597.45	1643.95	1510.20	0.969 times
08 Tue Oct 2024	1597.45	1579.40	1609.90	1418.00	1.674 times
07 Mon Oct 2024	1567.90	1610.05	1610.05	1563.55	1.233 times

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

My analysis of stock is bullish for shortterm, and stock might move up till 1749.9 or till 1850.2. Use a stoploss of 1666.35 and if this stock hits its stoploss, then it can fall down till 1582.78

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1418.00
Downside Target	1506.00
Downside Target	1635.00
Upside Target	1680.00
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	1556.13
Downside Intraday Target	1444.07
Upside Intraday Target	1730.13
Upside Intraday Target	1792.07
Downside Intraday Target	1618.07

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	1668.20	1615.00	1680.00	1506.00	1.139 times
11 Fri Oct 2024	1606.00	1610.05	1643.95	1418.00	0.657 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

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
18 Fri Oct 2024	1668.20	1805.35	1824.00	1418.00	0.678 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 negative zone. This is the SELL 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 1613.37 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.