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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 2024-10-24 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2888

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	1599.50	1525.00	1650.00	1525.00	0.649 times
23 Wed Oct 2024	1550.00	1600.00	1600.00	1550.00	0.087 times
22 Tue Oct 2024	1575.00	1650.00	1650.00	1540.00	1.515 times
21 Mon Oct 2024	1609.10	1588.00	1630.00	1525.05	1.558 times
18 Fri Oct 2024	1668.20	1530.00	1680.00	1510.00	2.51 times
17 Thu Oct 2024	1538.00	1595.00	1595.00	1530.00	0.779 times
16 Wed Oct 2024	1545.00	1595.00	1595.00	1529.05	0.216 times
15 Tue Oct 2024	1619.95	1506.00	1623.95	1506.00	1.472 times
14 Mon Oct 2024	1606.20	1615.00	1615.00	1550.00	0.693 times
11 Fri Oct 2024	1606.00	1525.00	1625.00	1525.00	0.476 times

My analysis of stock is bearish for shortterm, and stock might move down till 1555.2 or till 1450.5. Use a stoploss of 1642.36 and if the stock hits stoploss, then it can shoot up till 1729.55

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1418.00
Downside Target	1506.00
Upside Target	1635.00
Upside Target	1808.60
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	1533
Downside Intraday Target	1466.5
Upside Intraday Target	1658
Upside Intraday Target	1716.5
Downside Intraday Target	1591.5

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	1599.50	1588.00	1650.00	1525.00	0.672 times
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

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
24 Thu Oct 2024	1599.50	1805.35	1824.00	1418.00	0.849 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 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 neutral. A longer time frame might give a better analysis.

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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

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 1611.97 and Spectrum Electric (SPECTRUM_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 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.