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 2024-11-01 View latest technical analysis

10 day averaged volume of Spectrum Electric is 3838

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	1859.75	1849.00	1870.00	1811.00	1.661 times
31 Thu Oct 2024	1801.15	1705.00	1820.00	1705.00	1.726 times
30 Wed Oct 2024	1779.15	1739.00	1825.00	1650.05	1.856 times
29 Tue Oct 2024	1704.80	1644.70	1727.05	1600.00	1.042 times
28 Mon Oct 2024	1644.70	1600.00	1673.00	1600.00	0.326 times
25 Fri Oct 2024	1587.50	1551.00	1600.00	1525.00	0.293 times
24 Thu Oct 2024	1599.50	1525.00	1650.00	1525.00	0.489 times
23 Wed Oct 2024	1550.00	1600.00	1600.00	1550.00	0.065 times
22 Tue Oct 2024	1575.00	1650.00	1650.00	1540.00	1.14 times
21 Mon Oct 2024	1609.10	1588.00	1630.00	1525.05	1.172 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1823.3, for a target of 1720.6 or 1634.96

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
Downside Target	1808.60
Downside Target	1825.00
Upside Target	1870.00
Upside Target	1880.00
Upside Target	2079.90
Upside Target	2475.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1683.17
Downside Intraday Target	1506.58
Upside Intraday Target	1953.17
Upside Intraday Target	2046.58
Downside Intraday Target	1776.58

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	1859.75	1600.00	1870.00	1600.00	2.093 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	1859.75	1849.00	1870.00	1811.00	0.085 times
31 Thu Oct 2024	1801.15	1805.35	1825.00	1418.00	1.161 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

Scroll below to view daily charts

Price has moved up 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 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 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 and the buy signal is strong.

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 green color and prices are above the green 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

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 1723.84 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.