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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 2024-03-04 View latest technical analysis

10 day averaged volume of Spectrum Electric is 1800

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1704.50	1730.00	1750.05	1635.00	2.639 times
02 Sat Mar 2024	1711.00	1718.00	1718.00	1704.00	0.139 times
01 Fri Mar 2024	1725.00	1712.00	1760.00	1712.00	0.417 times
29 Thu Feb 2024	1743.00	1662.00	1760.00	1656.00	0.556 times
28 Wed Feb 2024	1678.80	1750.00	1765.00	1676.45	1.458 times
26 Mon Feb 2024	1764.65	1779.95	1779.95	1754.00	0.417 times
23 Fri Feb 2024	1779.95	1726.05	1779.95	1726.00	0.625 times
22 Thu Feb 2024	1755.00	1751.00	1798.65	1750.00	0.486 times
21 Wed Feb 2024	1745.35	1786.00	1825.00	1718.00	4.861 times
20 Tue Feb 2024	1800.00	1804.00	1804.00	1784.00	0.347 times

Stock of Spectrum Electric (SPECTRUM_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1724.5, but if it comes above 1724.5, then a intra day buy could be more profitable.
If you take a sell trade below 1724.5, then use 1724.5 as stoploss and 1668.7 as target. However if you take a buy trade in stock , then use 1724.5 as stoploss and 1771 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	999.00
Downside Target	1060.05
Downside Target	1082.95
Downside Target	1187.95
Downside Target	1335.00
Downside Target	1431.25
Downside Target	1475.00
Downside Target	1582.00
Downside Target	1635.00
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	1642.98
Downside Intraday Target	1581.47
Upside Intraday Target	1758.03
Upside Intraday Target	1811.57
Downside Intraday Target	1696.52

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1704.50	1730.00	1750.05	1635.00	0.884 times
02 Sat Mar 2024	1711.00	1779.95	1779.95	1656.00	0.426 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

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
04 Mon Mar 2024	1704.50	1712.00	1760.00	1635.00	0.053 times
29 Thu Feb 2024	1743.00	1470.00	1898.00	1335.00	0.809 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

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 SELL. 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 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 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 and the buying is gaining 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 1731.45 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.