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(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.

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Scansource Inc is 218080

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	41.48	41.49	41.87	41.35	1.008 times
19 Fri Apr 2024	41.38	40.21	41.39	40.21	0.955 times
18 Thu Apr 2024	40.50	40.15	40.78	39.89	0.971 times
17 Wed Apr 2024	40.08	40.80	40.85	39.95	0.97 times
16 Tue Apr 2024	40.37	40.53	40.63	40.09	1.485 times
15 Mon Apr 2024	40.59	40.91	41.30	40.51	0.989 times
12 Fri Apr 2024	40.79	40.87	41.10	40.57	0.905 times
11 Thu Apr 2024	40.99	40.90	41.73	40.46	0.973 times
10 Wed Apr 2024	40.58	40.71	40.98	40.36	1.12 times
09 Tue Apr 2024	41.59	41.94	42.06	41.34	0.736 times

My analysis of stock is bearish for shortterm, and stock might move down till 40.6 or till 39.3. Use a stoploss of 41.78 and if the stock hits stoploss, then it can shoot up till 42.91

Share price targets for Scansource Inc (SCSC)

Target Type	Value
Downside Target	31.01
Downside Target	33.16
Downside Target	36.46
Downside Target	39.89
Downside Target	41.35
Upside Target	42.01
Upside Target	42.06
Upside Target	43.46
Upside Target	44.24
Upside Target	44.25
Upside Target	45.10

Intraday share price targets for Scansource Inc (SCSC)

Target Type	Value
Downside Intraday Target	41.26
Downside Intraday Target	41.05
Upside Intraday Target	41.78
Upside Intraday Target	42.09
Upside Intraday Target	41.57

Weekly technical analysis of Scansource Inc (SCSC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	41.48	41.49	41.87	41.35	0.188 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
05 Fri Apr 2024	41.58	44.24	44.24	40.23	1.196 times
28 Thu Mar 2024	44.04	42.48	44.25	42.01	0.547 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 Scansource Inc (SCSC)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	41.48	44.24	44.24	39.89	0.6 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
31 Wed Jan 2024	39.26	39.50	40.23	36.46	0.599 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 Scansource Inc (SCSC)

Price action analysis of Scansource Inc ( (SCSC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Scansource Inc ( (SCSC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Scansource Inc ( (SCSC) ) 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Scansource Inc in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Scansource Inc 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Scansource Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 40.79 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 falling down

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 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.