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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 2024-03-12 View latest technical analysis

10 day averaged volume of Spectrum Electric is 2238

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	1484.15	1453.00	1600.40	1448.00	2.178 times
11 Mon Mar 2024	1524.20	1550.00	1560.00	1524.20	1.452 times
06 Wed Mar 2024	1604.40	1551.00	1620.00	1551.00	1.34 times
05 Tue Mar 2024	1631.60	1645.00	1710.00	1619.30	2.178 times
04 Mon Mar 2024	1704.50	1730.00	1750.05	1635.00	2.122 times
02 Sat Mar 2024	1711.00	1718.00	1718.00	1704.00	0.112 times
01 Fri Mar 2024	1725.00	1712.00	1760.00	1712.00	0.335 times
29 Thu Feb 2024	1743.00	1662.00	1760.00	1656.00	0.447 times
28 Wed Feb 2024	1678.80	1750.00	1765.00	1676.45	1.173 times
26 Mon Feb 2024	1764.65	1779.95	1779.95	1754.00	0.335 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1514.3, for a target of 1628.5 or 1723.67

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
Upside Target	1551.00
Upside Target	1600.40
Upside Target	1656.00
Upside Target	1715.05
Upside Target	1760.00
Upside Target	1779.95
Upside Target	1867.95
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1421.3
Downside Intraday Target	1358.45
Upside Intraday Target	1573.7
Upside Intraday Target	1663.25
Upside Intraday Target	1510.85

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	1484.15	1550.00	1600.40	1448.00	0.644 times
06 Wed Mar 2024	1604.40	1730.00	1750.05	1551.00	2.349 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

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
12 Tue Mar 2024	1484.15	1712.00	1760.00	1448.00	0.201 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 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 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

Although the stock is in the SELL zone, but selling 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 1617.12 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.