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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 2024-10-29 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2775

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1704.80	1644.70	1727.05	1600.00	1.441 times
28 Mon Oct 2024	1644.70	1600.00	1673.00	1600.00	0.45 times
25 Fri Oct 2024	1587.50	1551.00	1600.00	1525.00	0.405 times
24 Thu Oct 2024	1599.50	1525.00	1650.00	1525.00	0.676 times
23 Wed Oct 2024	1550.00	1600.00	1600.00	1550.00	0.09 times
22 Tue Oct 2024	1575.00	1650.00	1650.00	1540.00	1.577 times
21 Mon Oct 2024	1609.10	1588.00	1630.00	1525.05	1.622 times
18 Fri Oct 2024	1668.20	1530.00	1680.00	1510.00	2.613 times
17 Thu Oct 2024	1538.00	1595.00	1595.00	1530.00	0.811 times
16 Wed Oct 2024	1545.00	1595.00	1595.00	1529.05	0.225 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1677.5, but if it comes below 1677.5, then a intra day sell could be more profitable.
If you take a sell trade below 1677.5, then use 1677.5 as stoploss and 1619.47 as target. However if you take a buy trade in stock , then use 1677.5 as stoploss and 1747.2 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1418.00
Downside Target	1506.00
Downside Target	1600.00
Downside Target	1635.00
Upside Target	1727.05
Upside Target	1808.60
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	1627.52
Downside Intraday Target	1550.23
Upside Intraday Target	1754.57
Upside Intraday Target	1804.33
Downside Intraday Target	1677.28

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1704.80	1600.00	1727.05	1600.00	0.433 times
25 Fri Oct 2024	1587.50	1588.00	1650.00	1525.00	0.74 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

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
29 Tue Oct 2024	1704.80	1805.35	1824.00	1418.00	0.948 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 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 short to mid 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 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 Strong and stock is gaining 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 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 positive zone. This is a BUY 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 1625.44 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.