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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 2024-11-06 View latest technical analysis

10 day averaged volume of Spectrum Electric is 3513

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1788.30	1765.00	1819.00	1760.00	1.281 times
05 Tue Nov 2024	1767.00	1798.95	1809.95	1745.00	0.534 times
04 Mon Nov 2024	1774.00	1858.00	1879.00	1724.00	1.317 times
01 Fri Nov 2024	1859.75	1849.00	1870.00	1811.00	1.815 times
31 Thu Oct 2024	1801.15	1705.00	1820.00	1705.00	1.886 times
30 Wed Oct 2024	1779.15	1739.00	1825.00	1650.05	2.028 times
29 Tue Oct 2024	1704.80	1644.70	1727.05	1600.00	1.139 times
28 Mon Oct 2024	1644.70	1600.00	1673.00	1600.00	0.356 times
25 Fri Oct 2024	1587.50	1551.00	1600.00	1525.00	0.32 times
24 Thu Oct 2024	1599.50	1525.00	1650.00	1525.00	0.534 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1757.9, but if it comes below 1757.9, then a intra day sell could be more profitable.
If you take a sell trade below 1757.9, then use 1757.9 as stoploss and 1661.16 as target. However if you take a buy trade in stock , then use 1757.9 as stoploss and 1874 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	1808.60
Upside Target	1825.00
Upside Target	1870.00
Upside Target	1879.00
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	1715.2
Downside Intraday Target	1642.1
Upside Intraday Target	1870.2
Upside Intraday Target	1952.1
Upside Intraday Target	1797.1

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1788.30	1858.00	1879.00	1724.00	0.433 times
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

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
06 Wed Nov 2024	1788.30	1849.00	1879.00	1724.00	0.232 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 tired and bears are picking up momentum.

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 but buying is losing 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 1769.91 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.