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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 2024-07-03 View latest technical analysis

10 day averaged volume of Spectrum Electric is 15788

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	2369.95	2369.95	2376.15	2271.00	1.504 times
02 Tue Jul 2024	2263.00	2261.00	2282.00	2230.00	0.19 times
01 Mon Jul 2024	2314.00	2269.95	2322.00	2246.40	0.238 times
28 Fri Jun 2024	2335.75	2322.85	2380.00	2265.30	0.618 times
27 Thu Jun 2024	2384.50	2206.70	2434.95	2206.70	0.855 times
26 Wed Jun 2024	2322.85	2520.00	2520.00	2322.85	1.235 times
25 Tue Jun 2024	2445.10	2390.00	2445.10	2350.00	1.219 times
24 Mon Jun 2024	2222.85	2100.00	2240.85	2046.95	1.726 times
21 Fri Jun 2024	2037.15	1950.00	2119.95	1950.00	1.457 times
20 Thu Jun 2024	1942.45	1901.00	1970.00	1901.00	1.006 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2295.7, but if it comes below 2295.7, then a intra day sell could be more profitable.
If you take a sell trade below 2295.7, then use 2295.7 as stoploss and 2048 as target. However if you take a buy trade in stock , then use 2295.7 as stoploss and 2592.8 as target.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1210.00
Downside Target	1250.00
Downside Target	1321.40
Downside Target	1530.80
Downside Target	1756.00
Downside Target	1799.95
Downside Target	1870.00
Downside Target	1961.10
Downside Target	2046.95
Downside Target	2119.95
Downside Target	2230.00
Upside Target	2376.15
Upside Target	2520.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	2274.58
Downside Intraday Target	2179.22
Upside Intraday Target	2420.73
Upside Intraday Target	2471.52
Downside Intraday Target	2325.37

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	2369.95	2269.95	2376.15	2230.00	0.342 times
28 Fri Jun 2024	2335.75	2100.00	2520.00	2046.95	1.275 times
21 Fri Jun 2024	2037.15	1860.00	2119.95	1799.95	3.218 times
14 Fri Jun 2024	1874.00	1890.00	1961.10	1756.00	0.606 times
07 Fri Jun 2024	1818.55	1700.00	1870.00	1530.80	1.287 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
03 Wed Jul 2024	2369.95	2269.95	2376.15	2230.00	0.141 times
28 Fri Jun 2024	2335.75	1700.00	2520.00	1530.80	1.08 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Spectrum Electric ( (SPECTRUM_SM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong 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. Bulls are getting stronger in this stock.

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

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 2252.76 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.