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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 2024-01-16 View latest technical analysis

10 day averaged volume of Spectrum Electric is 3650

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1220.00	1250.00	1278.95	1220.00	1.918 times
15 Mon Jan 2024	1259.75	1225.00	1295.00	1170.00	4.932 times
12 Fri Jan 2024	1251.00	1315.00	1315.00	1215.00	0.582 times
11 Thu Jan 2024	1235.00	1235.00	1269.00	1235.00	0.685 times
10 Wed Jan 2024	1285.00	1287.00	1287.00	1215.00	0.548 times
09 Tue Jan 2024	1257.10	1369.95	1369.95	1240.00	0.925 times
08 Mon Jan 2024	1275.00	1238.00	1275.00	1232.00	0.308 times
05 Fri Jan 2024	1295.20	1280.00	1299.90	1265.00	0.308 times
04 Thu Jan 2024	1276.75	1270.05	1281.20	1270.00	0.685 times
03 Wed Jan 2024	1315.00	1290.05	1315.00	1280.00	0.616 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1251.9, but if it comes above 1251.9, then a intra day buy could be more profitable.
If you take a sell trade below 1251.9, then use 1251.9 as stoploss and 1196 as target. However if you take a buy trade in stock , then use 1251.9 as stoploss and 1298.54 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	900.00
Downside Target	926.05
Downside Target	999.00
Downside Target	1023.75
Downside Target	1054.30
Downside Target	1082.95
Downside Target	1170.00
Upside Target	1240.00
Upside Target	1295.00
Upside Target	1360.00
Upside Target	1369.95
Upside Target	1378.90
Upside Target	1431.25
Upside Target	1470.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1161.67
Downside Intraday Target	1103.33
Upside Intraday Target	1286.67
Upside Intraday Target	1353.33
Upside Intraday Target	1228.33

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1220.00	1225.00	1295.00	1170.00	2.247 times
12 Fri Jan 2024	1251.00	1238.00	1369.95	1215.00	0.712 times
05 Fri Jan 2024	1295.20	1339.95	1470.00	1249.50	0.992 times
29 Fri Dec 2023	1341.35	1271.05	1378.90	1240.00	1.518 times
22 Fri Dec 2023	1330.00	1211.05	1360.00	1202.05	0.417 times

Price has moved down 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
16 Tue Jan 2024	1220.00	1339.95	1470.00	1170.00	0.743 times
29 Fri Dec 2023	1341.35	1150.00	1431.25	1082.95	1.311 times
30 Thu Nov 2023	1150.00	1075.00	1187.95	999.00	2.742 times
31 Tue Oct 2023	1025.40	999.00	1054.30	926.05	0.745 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Spectrum Electric in short term but the sell signal is initial and weak.

Spectrum Electric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Spectrum Electric in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 1257.53 and Spectrum Electric (SPECTRUM_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 positive

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