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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)

10 day averaged volume of Spectrum Electric is 2838

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1300.45	1300.00	1325.00	1286.30	3.744 times
22 Mon Apr 2024	1297.50	1365.00	1365.00	1280.00	5.329 times
19 Fri Apr 2024	1419.20	1210.00	1474.00	1210.00	1.542 times
18 Thu Apr 2024	1340.00	1340.00	1340.00	1340.00	0.044 times
16 Tue Apr 2024	1385.00	1400.00	1400.00	1336.05	0.352 times
15 Mon Apr 2024	1406.60	1350.00	1450.00	1275.00	0.925 times
12 Fri Apr 2024	1352.00	1350.00	1399.95	1337.00	0.529 times
10 Wed Apr 2024	1420.00	1420.00	1420.00	1420.00	0.044 times
09 Tue Apr 2024	1398.75	1450.00	1470.00	1378.00	1.145 times
08 Mon Apr 2024	1425.00	1425.00	1425.00	1425.00	0.044 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1278.6, for a target of 1358.6 or 1425.31

Share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Target	1060.05
Downside Target	1082.95
Downside Target	1210.00
Downside Target	1280.00
Upside Target	1321.40
Upside Target	1365.00
Upside Target	1422.00
Upside Target	1470.00
Upside Target	1475.00
Upside Target	1540.00
Upside Target	1575.00
Upside Target	1760.00
Upside Target	1898.00

Intraday share price targets for Spectrum Electric (SPECTRUM_SM)

Target Type	Value
Downside Intraday Target	1265.3
Downside Intraday Target	1230.15
Upside Intraday Target	1350.3
Upside Intraday Target	1400.15
Upside Intraday Target	1315.15

Weekly technical analysis of Spectrum Electric (SPECTRUM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1300.45	1365.00	1365.00	1280.00	3.169 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
28 Thu Mar 2024	1533.10	1500.00	1575.00	1440.00	0.958 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
23 Tue Apr 2024	1300.45	1530.00	1540.00	1210.00	0.708 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
31 Wed Jan 2024	1456.85	1339.95	1475.00	1060.05	1.919 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Spectrum Electric in short term and the sell signal is strong.

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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Spectrum Electric in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1333.13 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.