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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 2024-06-06 View latest technical analysis

10 day averaged volume of Spectrum Electric is 5713

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1715.40	1660.00	1719.00	1660.00	0.306 times
05 Wed Jun 2024	1647.25	1533.00	1679.95	1530.80	1.357 times
04 Tue Jun 2024	1611.35	1700.00	1700.00	1608.85	0.613 times
03 Mon Jun 2024	1693.50	1700.00	1726.45	1600.05	1.553 times
31 Fri May 2024	1644.25	1700.00	1700.00	1625.00	0.678 times
30 Thu May 2024	1665.85	1649.80	1685.00	1595.00	0.35 times
29 Wed May 2024	1649.80	1619.30	1685.65	1619.30	2.21 times
28 Tue May 2024	1619.30	1576.10	1644.00	1570.00	0.656 times
27 Mon May 2024	1646.30	1700.00	1700.00	1607.65	0.985 times
24 Fri May 2024	1692.25	1690.05	1710.05	1687.00	0.678 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1724.5 as stoploss in an intra day sell trade for a target of 1590.68. However, stock will show a bullish move above 1724.5.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1210.00
Downside Target	1250.00
Downside Target	1281.00
Downside Target	1307.00
Downside Target	1530.80
Downside Target	1700.00
Upside Target	1726.45
Upside Target	1760.00
Upside Target	1871.35
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1588.65
Downside Intraday Target	1461.9
Upside Intraday Target	1784.3
Upside Intraday Target	1853.2
Downside Intraday Target	1657.55

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1715.40	1700.00	1726.45	1530.80	0.785 times
31 Fri May 2024	1644.25	1700.00	1700.00	1570.00	0.288 times
24 Fri May 2024	1692.25	1664.00	1871.35	1599.00	3.964 times
18 Sat May 2024	1546.60	1413.95	1567.00	1307.00	0.704 times
10 Fri May 2024	1413.95	1549.00	1549.00	1281.00	1.21 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 Thu Jun 2024	1715.40	1700.00	1726.45	1530.80	0.109 times
31 Fri May 2024	1644.25	1300.00	1871.35	1250.00	2.775 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

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 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 Weak 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 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 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

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 1657.06 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 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.