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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 2024-02-06 View latest technical analysis

10 day averaged volume of Spectrum Electric is 12313

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1759.00	1740.00	1776.80	1701.00	0.802 times
05 Mon Feb 2024	1692.20	1697.00	1697.95	1582.00	2.132 times
02 Fri Feb 2024	1543.60	1335.00	1574.95	1335.00	0.569 times
01 Thu Feb 2024	1478.05	1470.00	1509.00	1455.00	2.071 times
31 Wed Jan 2024	1456.85	1425.00	1475.00	1380.00	0.883 times
30 Tue Jan 2024	1351.10	1346.45	1410.00	1290.10	0.782 times
29 Mon Jan 2024	1329.45	1290.00	1350.00	1233.00	1.299 times
25 Thu Jan 2024	1267.70	1131.00	1294.95	1131.00	0.853 times
24 Wed Jan 2024	1187.50	1060.05	1189.00	1060.05	0.071 times
23 Tue Jan 2024	1175.50	1199.00	1199.00	1100.00	0.396 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 1696.6, for a target of 1493.8 or 1324.76

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	926.05
Downside Target	999.00
Downside Target	1054.30
Downside Target	1082.95
Downside Target	1120.00
Downside Target	1187.95
Downside Target	1215.00
Downside Target	1294.95
Downside Target	1335.00
Downside Target	1369.95
Downside Target	1431.25
Downside Target	1475.00
Downside Target	1574.95
Downside Target	1582.00
Upside Target	1776.80

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1635.07
Downside Intraday Target	1511.13
Upside Intraday Target	1829.87
Upside Intraday Target	1900.73
Downside Intraday Target	1705.93

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1759.00	1697.00	1776.80	1582.00	0.524 times
02 Fri Feb 2024	1543.60	1290.00	1574.95	1233.00	2.475 times
25 Thu Jan 2024	1267.70	1229.00	1294.95	1060.05	0.656 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

Price has moved up 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 Tue Feb 2024	1759.00	1470.00	1776.80	1335.00	0.514 times
31 Wed Jan 2024	1456.85	1339.95	1475.00	1060.05	1.919 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

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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1487 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.