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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 2024-07-30 View latest technical analysis

10 day averaged volume of Spectrum Electric is 4800

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	1990.00	1931.00	1998.00	1931.00	0.208 times
29 Mon Jul 2024	2000.00	2030.00	2047.75	2000.00	0.443 times
26 Fri Jul 2024	2035.35	2083.00	2165.00	2002.00	0.755 times
25 Thu Jul 2024	2082.40	2090.40	2090.40	2031.00	1.667 times
24 Wed Jul 2024	1990.90	1890.00	1990.90	1887.30	1.068 times
23 Tue Jul 2024	1896.10	1866.15	1900.00	1808.60	1.198 times
22 Mon Jul 2024	1903.75	1836.00	1921.00	1822.50	1.25 times
19 Fri Jul 2024	1917.95	1950.00	1950.00	1883.15	1.536 times
18 Thu Jul 2024	1982.25	1982.50	2019.25	1982.25	0.807 times
16 Tue Jul 2024	2086.55	2113.10	2113.10	2086.55	0.677 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1956.3 as stoploss in an intra day buy trade for a target of 2103.04. However, stock will show a bearish move below 1956.3.

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	1760.00
Downside Target	1808.60
Downside Target	1871.35
Downside Target	1931.00
Upside Target	2047.75
Upside Target	2165.00
Upside Target	2230.00
Upside Target	2400.00
Upside Target	2475.00
Upside Target	2520.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1931.42
Downside Intraday Target	1872.83
Upside Intraday Target	2048.17
Upside Intraday Target	2106.33
Downside Intraday Target	1989.58

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	1990.00	2030.00	2047.75	1931.00	0.11 times
26 Fri Jul 2024	2035.35	1836.00	2165.00	1808.60	1.64 times
19 Fri Jul 2024	1917.95	2120.85	2200.05	1883.15	0.837 times
12 Fri Jul 2024	2120.85	2400.00	2400.00	1969.00	0.539 times
05 Fri Jul 2024	2360.00	2269.95	2475.00	2230.00	0.431 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
30 Tue Jul 2024	1990.00	2269.95	2475.00	1808.60	0.499 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Spectrum Electric ( (SPECTRUM_SM) ) based on a short 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 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 Weak and stock is losing 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. Bulls are getting tired and bears 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 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 1981.86 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.