Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-28 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2225

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	1678.80	1750.00	1765.00	1676.45	1.18 times
26 Mon Feb 2024	1764.65	1779.95	1779.95	1754.00	0.337 times
23 Fri Feb 2024	1779.95	1726.05	1779.95	1726.00	0.506 times
22 Thu Feb 2024	1755.00	1751.00	1798.65	1750.00	0.393 times
21 Wed Feb 2024	1745.35	1786.00	1825.00	1718.00	3.933 times
20 Tue Feb 2024	1800.00	1804.00	1804.00	1784.00	0.281 times
19 Mon Feb 2024	1800.00	1760.00	1867.95	1760.00	0.562 times
16 Fri Feb 2024	1823.40	1863.00	1864.00	1818.00	1.067 times
15 Thu Feb 2024	1860.70	1850.00	1897.00	1850.00	1.517 times
14 Wed Feb 2024	1819.50	1764.00	1829.00	1764.00	0.337 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1623.7 as stoploss in an intra day buy trade for a target of 1735.36. However, stock will show a bearish move below 1623.7.

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	1187.95
Downside Target	1233.00
Downside Target	1335.00
Downside Target	1431.25
Downside Target	1475.00
Downside Target	1574.95
Downside Target	1676.45
Upside Target	1715.05
Upside Target	1779.95
Upside Target	1850.00
Upside Target	1867.95
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1643.52
Downside Intraday Target	1608.23
Upside Intraday Target	1747.02
Upside Intraday Target	1815.23
Upside Intraday Target	1711.73

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	1678.80	1779.95	1779.95	1676.45	0.267 times
23 Fri Feb 2024	1779.95	1760.00	1867.95	1718.00	0.91 times
16 Fri Feb 2024	1823.40	1898.00	1898.00	1715.05	0.31 times
09 Fri Feb 2024	1833.00	1697.00	1850.00	1582.00	0.649 times
02 Fri Feb 2024	1543.60	1290.00	1574.95	1233.00	2.475 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
28 Wed Feb 2024	1678.80	1470.00	1898.00	1335.00	0.802 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 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 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 getting stronger in this stock.

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 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 1772.9 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.