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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 2024-01-24 View latest technical analysis

10 day averaged volume of Spectrum Electric is 6563

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	1187.50	1060.05	1189.00	1060.05	0.133 times
23 Tue Jan 2024	1175.50	1199.00	1199.00	1100.00	0.743 times
22 Mon Jan 2024	1151.05	1229.00	1278.95	1140.00	1.771 times
19 Fri Jan 2024	1220.85	1180.00	1229.00	1170.00	0.743 times
18 Thu Jan 2024	1200.00	1210.00	1225.00	1139.00	0.476 times
17 Wed Jan 2024	1174.55	1200.00	1240.00	1120.00	1.448 times
16 Tue Jan 2024	1220.00	1250.00	1278.95	1220.00	1.067 times
15 Mon Jan 2024	1259.75	1225.00	1295.00	1170.00	2.743 times
12 Fri Jan 2024	1251.00	1315.00	1315.00	1215.00	0.324 times
11 Thu Jan 2024	1235.00	1235.00	1269.00	1235.00	0.381 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1195, but if it comes above 1195, then a intra day buy could be more profitable.
If you take a sell trade below 1195, then use 1195 as stoploss and 1115.3 as target. However if you take a buy trade in stock , then use 1195 as stoploss and 1261.51 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	1120.00
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	1072.05
Downside Intraday Target	956.6
Upside Intraday Target	1290.95
Upside Intraday Target	1394.4
Downside Intraday Target	1175.5

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	1187.50	1229.00	1278.95	1060.05	0.409 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
24 Wed Jan 2024	1187.50	1339.95	1470.00	1060.05	1.244 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Spectrum Electric Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 1208.87 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.