(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 64710
|Date||Daily Closing Price||Open||High||Low||Volume|
|21 Wed Apr 2021||29.83||30.33||30.78||29.17||0.947 times|
|20 Tue Apr 2021||30.18||30.54||31.41||29.86||1.541 times|
|19 Mon Apr 2021||30.69||30.17||30.69||29.82||1.562 times|
|16 Fri Apr 2021||30.47||29.75||30.64||29.57||0.867 times|
|15 Thu Apr 2021||29.70||29.58||29.78||29.08||1.086 times|
|14 Wed Apr 2021||29.17||28.75||29.45||28.75||1.258 times|
|13 Tue Apr 2021||28.74||29.13||29.13||28.50||0.603 times|
|12 Mon Apr 2021||29.04||29.90||29.90||28.87||0.668 times|
|09 Fri Apr 2021||29.78||30.32||30.32||29.53||0.729 times|
|08 Thu Apr 2021||30.26||29.96||30.36||29.51||0.776 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 29.5 as stoploss in an intra day buy trade for a target of 30.21. However, stock will show a bearish move below 29.5.
Share price targets for Scansource Inc (SCSC)
Intraday share price targets for Scansource Inc (SCSC)
|Downside Intraday Target||28.86|
|Downside Intraday Target||27.9|
|Upside Intraday Target||31.1|
|Upside Intraday Target||32.38|
|Upside Intraday Target||30.14|
Weekly technical analysis of Scansource Inc (SCSC)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|21 Wed Apr 2021||29.83||30.17||31.41||29.17||0.904 times|
|16 Fri Apr 2021||30.47||29.90||30.64||28.50||1.069 times|
|09 Fri Apr 2021||29.78||30.90||31.60||29.51||0.661 times|
|01 Thu Apr 2021||30.51||32.28||32.75||29.83||0.749 times|
|26 Fri Mar 2021||31.88||31.32||31.91||29.04||0.833 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 Scansource Inc (SCSC)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|21 Wed Apr 2021||29.83||30.22||31.60||28.50||0.324 times|
|31 Wed Mar 2021||29.95||29.00||33.28||27.38||1.511 times|
|26 Fri Feb 2021||28.44||24.21||30.76||23.77||0.981 times|
|29 Fri Jan 2021||24.19||26.73||34.10||23.47||0.971 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||25, 19, 14||Buy|
Price action analysis of Scansource Inc ( (SCSC) ) 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 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 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
ADX buy sell signal for Scansource Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Scansource Inc in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Scansource Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.89 and Scansource Inc (SCSC) 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 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.