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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 2024-08-27 View latest technical analysis

10 day averaged volume of Spectrum Electric is 3575

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1851.75	1811.00	1882.00	1811.00	3.531 times
26 Mon Aug 2024	1862.35	1900.00	1900.00	1862.35	3.077 times
23 Fri Aug 2024	1960.35	1962.00	2079.90	1953.00	0.909 times
22 Thu Aug 2024	2050.00	2062.10	2062.10	2005.05	1.399 times
21 Wed Aug 2024	1963.95	1960.00	1964.00	1905.05	1.084 times
20 Tue Aug 2024	1874.00	1860.00	1898.90	1859.00	0.629 times
19 Mon Aug 2024	1808.50	1770.00	1815.00	1770.00	0.28 times
16 Fri Aug 2024	1759.00	1850.00	1882.90	1759.00	0.594 times
14 Wed Aug 2024	1794.00	1830.00	1830.00	1694.75	1.224 times
13 Tue Aug 2024	1783.95	1875.00	1875.00	1775.90	0.524 times

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

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 1816.7 as stoploss in an intra day buy trade for a target of 1901.18. However, stock will show a bearish move below 1816.7.

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1210.00
Downside Target	1250.00
Downside Target	1530.80
Downside Target	1694.75
Downside Target	1770.00
Downside Target	1808.60
Upside Target	1871.35
Upside Target	1955.55
Upside Target	2079.90
Upside Target	2080.05
Upside Target	2475.00
Upside Target	2520.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1808.5
Downside Intraday Target	1765.25
Upside Intraday Target	1897.5
Upside Intraday Target	1943.25
Upside Intraday Target	1854.25

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1851.75	1900.00	1900.00	1811.00	1.537 times
23 Fri Aug 2024	1960.35	1770.00	2079.90	1770.00	1.64 times
16 Fri Aug 2024	1759.00	1890.00	1900.00	1694.75	0.862 times
09 Fri Aug 2024	1869.10	1875.00	1955.55	1828.00	0.888 times
02 Fri Aug 2024	1955.55	2030.00	2080.05	1893.05	0.43 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1851.75	2060.00	2079.90	1694.75	0.536 times
31 Wed Jul 2024	2071.05	2269.95	2475.00	1808.60	0.53 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

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 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 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 to mid 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 mid to longer 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.

ADX buy sell signal for Spectrum Electric stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Spectrum Electric in short term but the buy 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 red color and prices are below the red 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

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 1879.73 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.