(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 2024-05-31 View latest technical analysis
10 day averaged volume of Scansource Inc is 177373
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 47.43 | 47.67 | 47.75 | 46.87 | 1.433 times |
| 30 Thu May 2024 | 47.34 | 48.20 | 48.53 | 47.17 | 1.126 times |
| 29 Wed May 2024 | 47.98 | 48.88 | 48.91 | 47.90 | 0.774 times |
| 28 Tue May 2024 | 49.24 | 49.67 | 50.37 | 49.17 | 1.097 times |
| 23 Thu May 2024 | 49.62 | 50.51 | 50.68 | 49.44 | 0.937 times |
| 22 Wed May 2024 | 50.62 | 49.69 | 50.95 | 49.61 | 0.975 times |
| 21 Tue May 2024 | 49.73 | 48.48 | 49.94 | 48.44 | 1.32 times |
| 20 Mon May 2024 | 48.86 | 49.19 | 49.83 | 48.81 | 1.17 times |
| 17 Fri May 2024 | 49.33 | 49.92 | 50.05 | 49.22 | 1.001 times |
| 16 Thu May 2024 | 49.83 | 49.34 | 50.19 | 48.93 | 0.789 times |
My analysis of stock is bearish for shortterm, and stock might move down till 45.2 or till 42.5. Use a stoploss of 47.49 and if the stock hits stoploss, then it can shoot up till 49.78
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 | 41.22 |
| Downside Target | 43.14 |
| Downside Target | 44.78 |
| Downside Target | 46.43 |
| Upside Target | 48.22 |
| Upside Target | 48.44 |
| Upside Target | 50.19 |
| Upside Target | 50.37 |
| Upside Target | 50.95 |
Intraday share price targets for Scansource Inc (SCSC)
| Target Type | Value |
| Downside Intraday Target | 46.08 |
| Downside Intraday Target | 44.72 |
| Upside Intraday Target | 49.58 |
| Upside Intraday Target | 51.72 |
| Upside Intraday Target | 48.22 |
Weekly technical analysis of Scansource Inc (SCSC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 47.43 | 49.67 | 50.37 | 46.87 | 1.006 times |
| 23 Thu May 2024 | 49.62 | 49.19 | 50.95 | 48.44 | 0.927 times |
| 17 Fri May 2024 | 49.33 | 47.39 | 50.19 | 46.43 | 0.552 times |
| 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 |
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 |
| 31 Fri May 2024 | 47.43 | 41.38 | 50.95 | 38.51 | 1.007 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 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 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 Scansource Inc ( (SCSC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Scansource Inc in short term but the sell signal is initial and weak.
Scansource Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Scansource Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 48.93 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 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 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 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 Scansource Inc ( (SCSC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Scansource Inc in short term but the sell signal is initial and weak.
Scansource Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Scansource Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 48.93 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.