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(SOR) Source Capital complete technical analysis [charts+indicators] | Buy/Sell Source Capital | (SOR) share price targets

Complete technical analysis of Source Capital (SOR) by charts plus indicators, forecast predictions and share price targets for Source Capital (SOR)

Source Capital trades in USA in N A sector.

Showing technical analysis as on 2024-08-30 View latest technical analysis

10 day averaged volume of Source Capital is 16303

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	44.81	45.42	45.44	44.60	1.65 times
30 Fri Aug 2024	44.81	45.42	45.44	44.60	1.65 times
29 Thu Aug 2024	44.79	44.79	45.18	44.50	0.797 times
28 Wed Aug 2024	44.50	44.40	44.99	44.00	0.804 times
27 Tue Aug 2024	44.40	44.00	44.54	44.00	0.141 times
26 Mon Aug 2024	44.24	43.75	44.50	43.75	0.705 times
23 Fri Aug 2024	44.26	43.79	44.59	43.78	1.807 times
22 Thu Aug 2024	43.46	43.68	44.16	43.33	0.945 times
21 Wed Aug 2024	43.75	43.35	43.75	43.30	1.484 times
20 Tue Aug 2024	43.69	43.70	43.75	43.30	0.221 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.4, but if it comes below 44.4, then a intra day sell could be more profitable.
If you take a sell trade below 44.4, then use 44.4 as stoploss and 43.85 as target. However if you take a buy trade in stock , then use 44.4 as stoploss and 45.1 as target.

Share price targets for Source Capital (SOR)

Target Type	Value
Downside Target	41.02
Downside Target	42.70
Downside Target	43.95
Downside Target	44.59
Downside Target	44.60
Upside Target	45.00
Upside Target	45.44
Upside Target	45.60
Upside Target	47.91

Intraday share price targets for Source Capital (SOR)

Target Type	Value
Downside Intraday Target	44.46
Downside Intraday Target	44.11
Upside Intraday Target	45.3
Upside Intraday Target	45.79
Upside Intraday Target	44.95

Weekly technical analysis of Source Capital (SOR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	44.81	45.42	45.44	44.60	0.403 times
30 Fri Aug 2024	44.81	43.75	45.44	43.75	0.694 times
23 Fri Aug 2024	44.26	43.41	44.59	43.01	3.673 times
16 Fri Aug 2024	43.39	43.50	43.95	43.10	0.581 times
09 Fri Aug 2024	43.32	42.50	43.76	41.71	0.63 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 Source Capital (SOR)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	44.81	44.14	45.44	41.71	1.247 times
31 Wed Jul 2024	44.14	44.27	45.60	43.03	1.221 times
28 Fri Jun 2024	44.26	42.82	45.00	42.70	0.563 times
31 Fri May 2024	42.75	41.57	47.91	41.49	1.67 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 Source Capital (SOR)

Price action analysis of Source Capital ( (SOR) ) 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 Source Capital ( (SOR) ) 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 Source Capital ( (SOR) ) 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 Source Capital stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Source Capital 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.

Source Capital Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Source Capital in short term

RSI is generating a SELL signal in short term but selling 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 Source Capital is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.34 and Source Capital (SOR) 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 Source Capital (SOR) stock. Volume based technical analysis of Source Capital (SOR) stock is negative.

Source Capital 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.