(SCSC) Scansource Inc complete technical analysis [charts+indicators] | Buy/Sell Scansource Inc | (SCSC) share price targets
Complete technical analysis of Scansource Inc (SCSC) by charts plus indicators, forecast predictions and share price targets for Scansource Inc (SCSC)
Scansource Inc trades in USA in Technology sector.
10 day averaged volume of Scansource Inc is 203280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 47.33 | 47.39 | 47.95 | 46.59 | 1.385 times |
| 09 Thu May 2024 | 47.38 | 46.96 | 48.22 | 46.94 | 1.296 times |
| 08 Wed May 2024 | 46.59 | 44.32 | 46.65 | 44.32 | 2.389 times |
| 07 Tue May 2024 | 44.86 | 39.66 | 47.38 | 38.51 | 1.737 times |
| 06 Mon May 2024 | 44.03 | 43.03 | 44.25 | 43.03 | 0.694 times |
| 03 Fri May 2024 | 42.87 | 43.06 | 43.14 | 42.18 | 0.955 times |
| 02 Thu May 2024 | 42.44 | 42.03 | 42.51 | 41.55 | 0.782 times |
| 01 Wed May 2024 | 41.47 | 41.38 | 42.07 | 41.22 | 0.512 times |
| 30 Tue Apr 2024 | 41.62 | 42.02 | 42.35 | 41.62 | 0.578 times |
| 29 Mon Apr 2024 | 42.40 | 42.14 | 42.68 | 41.80 | 0.558 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 47.7, for a target of 45 or 42.83
Share price targets for Scansource Inc (SCSC)
| Target Type | Value |
| Downside Target | 31.01 |
| Downside Target | 36.46 |
| Downside Target | 38.51 |
| Downside Target | 39.89 |
| Downside Target | 42.06 |
| Downside Target | 43.14 |
| Downside Target | 43.46 |
| Downside Target | 44.78 |
| Downside Target | 45.10 |
| Upside Target | 48.22 |
Intraday share price targets for Scansource Inc (SCSC)
| Target Type | Value |
| Downside Intraday Target | 41.15 |
| Downside Intraday Target | 34.98 |
| Upside Intraday Target | 50.86 |
| Upside Intraday Target | 54.4 |
| Downside Intraday Target | 44.69 |
Weekly technical analysis of Scansource Inc (SCSC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 47.33 | 43.03 | 48.22 | 38.51 | 2.217 times |
| 03 Fri May 2024 | 42.87 | 42.14 | 43.14 | 41.22 | 0.516 times |
| 26 Fri Apr 2024 | 41.97 | 41.49 | 44.78 | 40.66 | 1.139 times |
| 19 Fri Apr 2024 | 41.38 | 40.91 | 41.39 | 39.89 | 1.16 times |
| 12 Fri Apr 2024 | 40.79 | 41.64 | 42.06 | 40.36 | 1.644 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Scansource Inc (SCSC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 47.33 | 41.38 | 48.22 | 38.51 | 0.455 times |
| 30 Tue Apr 2024 | 41.62 | 44.24 | 44.78 | 39.89 | 0.867 times |
| 28 Thu Mar 2024 | 44.04 | 43.40 | 45.10 | 41.50 | 1.154 times |
| 29 Thu Feb 2024 | 43.23 | 39.48 | 43.46 | 31.01 | 1.263 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 Scansource Inc (SCSC)
Price action analysis of Scansource Inc ( (SCSC) ) 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 Scansource Inc ( (SCSC) ) 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 Scansource Inc ( (SCSC) ) 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 Scansource Inc ( (SCSC) ) 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 Scansource Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Scansource Inc 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.
Scansource Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Scansource Inc in short term but SELL signal is weak.
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Scansource Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 45 and Scansource Inc (SCSC) 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 Scansource Inc (SCSC) stock. Volume based technical analysis of Scansource Inc (SCSC) stock is negative.
Scansource Inc 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.
Price action analysis of Scansource Inc ( (SCSC) ) 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 Scansource Inc ( (SCSC) ) 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 Scansource Inc ( (SCSC) ) 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 Scansource Inc ( (SCSC) ) 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 Scansource Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Scansource Inc 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.
Scansource Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Scansource Inc in short term but SELL signal is weak.
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Scansource Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 45 and Scansource Inc (SCSC) 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 Scansource Inc (SCSC) stock. Volume based technical analysis of Scansource Inc (SCSC) stock is negative.
Scansource Inc 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.