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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 2024-05-02 View latest technical analysis

10 day averaged volume of Spectrum Electric is 4775

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	1387.90	1300.00	1415.00	1250.00	2.304 times
30 Tue Apr 2024	1300.00	1282.00	1325.00	1282.00	0.576 times
29 Mon Apr 2024	1278.75	1325.00	1325.00	1268.00	1.78 times
26 Fri Apr 2024	1310.00	1295.00	1310.95	1295.00	0.497 times
25 Thu Apr 2024	1325.00	1330.25	1330.25	1288.00	0.183 times
24 Wed Apr 2024	1340.25	1350.00	1350.00	1308.00	0.419 times
23 Tue Apr 2024	1300.45	1300.00	1325.00	1286.30	2.225 times
22 Mon Apr 2024	1297.50	1365.00	1365.00	1280.00	3.168 times
19 Fri Apr 2024	1419.20	1210.00	1474.00	1210.00	0.916 times
18 Thu Apr 2024	1340.00	1340.00	1340.00	1340.00	0.026 times

Stock of Spectrum Electric (SPECTRUM_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 1429.7 or till 1497.8. Use a stoploss of 1372.89 and if this stock hits its stoploss, then it can fall down till 1316.12

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1060.05
Downside Target	1210.00
Downside Target	1250.00
Downside Target	1280.00
Downside Target	1321.40
Downside Target	1365.00
Upside Target	1415.00
Upside Target	1470.00
Upside Target	1474.00
Upside Target	1475.00
Upside Target	1540.00
Upside Target	1760.00
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1286.93
Downside Intraday Target	1185.97
Upside Intraday Target	1451.93
Upside Intraday Target	1515.97
Downside Intraday Target	1350.97

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	1387.90	1325.00	1415.00	1250.00	0.718 times
26 Fri Apr 2024	1310.00	1365.00	1365.00	1280.00	3.815 times
19 Fri Apr 2024	1419.20	1350.00	1474.00	1210.00	1.625 times
12 Fri Apr 2024	1352.00	1425.00	1470.00	1337.00	0.294 times
05 Fri Apr 2024	1425.00	1530.00	1540.00	1422.00	1.183 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
02 Thu May 2024	1387.90	1300.00	1415.00	1250.00	0.152 times
30 Tue Apr 2024	1300.00	1530.00	1540.00	1210.00	0.918 times
28 Thu Mar 2024	1533.10	1712.00	1760.00	1321.40	0.729 times
29 Thu Feb 2024	1743.00	1470.00	1898.00	1335.00	0.809 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red 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 1324.34 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.