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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 2024-01-23 View latest technical analysis

10 day averaged volume of Spectrum Electric is 6413

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	1175.50	1199.00	1199.00	1100.00	0.76 times
22 Mon Jan 2024	1151.05	1229.00	1278.95	1140.00	1.813 times
19 Fri Jan 2024	1220.85	1180.00	1229.00	1170.00	0.76 times
18 Thu Jan 2024	1200.00	1210.00	1225.00	1139.00	0.487 times
17 Wed Jan 2024	1174.55	1200.00	1240.00	1120.00	1.481 times
16 Tue Jan 2024	1220.00	1250.00	1278.95	1220.00	1.092 times
15 Mon Jan 2024	1259.75	1225.00	1295.00	1170.00	2.807 times
12 Fri Jan 2024	1251.00	1315.00	1315.00	1215.00	0.331 times
11 Thu Jan 2024	1235.00	1235.00	1269.00	1235.00	0.39 times
10 Wed Jan 2024	1285.00	1287.00	1287.00	1215.00	0.312 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1202, but if it comes above 1202, then a intra day buy could be more profitable.
If you take a sell trade below 1202, then use 1202 as stoploss and 1124.7 as target. However if you take a buy trade in stock , then use 1202 as stoploss and 1266.36 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
Upside Target	1187.95
Upside Target	1215.00
Upside Target	1240.00
Upside Target	1278.95
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	1090.68
Downside Intraday Target	1005.87
Upside Intraday Target	1269.63
Upside Intraday Target	1363.77
Upside Intraday Target	1184.82

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	1175.50	1229.00	1278.95	1100.00	0.388 times
19 Fri Jan 2024	1220.85	1225.00	1295.00	1120.00	3.82 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

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
23 Tue Jan 2024	1175.50	1339.95	1470.00	1100.00	1.232 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Spectrum Electric in short term and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 1211.47 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 negative.

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