(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 2024-06-05 View latest technical analysis
10 day averaged volume of Scansource Inc is 199418
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 46.80 | 47.30 | 47.30 | 46.40 | 1.06 times |
| 04 Tue Jun 2024 | 47.30 | 47.95 | 48.23 | 46.83 | 0.889 times |
| 03 Mon Jun 2024 | 48.01 | 48.00 | 48.60 | 46.68 | 1.256 times |
| 31 Fri May 2024 | 47.43 | 47.67 | 47.75 | 46.87 | 1.275 times |
| 30 Thu May 2024 | 47.34 | 48.20 | 48.53 | 47.17 | 1.001 times |
| 29 Wed May 2024 | 47.98 | 48.88 | 48.91 | 47.90 | 0.688 times |
| 28 Tue May 2024 | 49.24 | 49.67 | 50.37 | 49.17 | 0.976 times |
| 23 Thu May 2024 | 49.62 | 50.51 | 50.68 | 49.44 | 0.833 times |
| 22 Wed May 2024 | 50.62 | 49.69 | 50.95 | 49.61 | 0.867 times |
| 21 Tue May 2024 | 49.73 | 48.48 | 49.94 | 48.44 | 1.174 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 46.7 as stoploss in an intra day buy trade for a target of 48.13. However, stock will show a bearish move below 46.7.
Share price targets for Scansource Inc (SCSC)
| Target Type | Value |
| Downside Target | 31.01 |
| Downside Target | 38.51 |
| Downside Target | 39.89 |
| Downside Target | 41.50 |
| Downside Target | 43.46 |
| Downside Target | 44.78 |
| Downside Target | 46.40 |
| Upside Target | 48.22 |
| Upside Target | 48.60 |
| 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 | 45.93 |
| Downside Intraday Target | 45.07 |
| Upside Intraday Target | 48.13 |
| Upside Intraday Target | 49.47 |
| Upside Intraday Target | 47.27 |
Weekly technical analysis of Scansource Inc (SCSC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 46.80 | 48.00 | 48.60 | 46.40 | 0.813 times |
| 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 |
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 |
| 05 Wed Jun 2024 | 46.80 | 48.00 | 48.60 | 46.40 | 0.146 times |
| 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 |
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 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 Weak 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 coming down
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 48.36 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 Weak 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 coming down
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 48.36 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.