(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 2024-06-06 View latest technical analysis
10 day averaged volume of Scansource Inc is 199800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 46.50 | 46.80 | 47.25 | 46.48 | 0.711 times |
| 05 Wed Jun 2024 | 46.80 | 47.30 | 47.30 | 46.40 | 1.058 times |
| 04 Tue Jun 2024 | 47.30 | 47.95 | 48.23 | 46.83 | 0.887 times |
| 03 Mon Jun 2024 | 48.01 | 48.00 | 48.60 | 46.68 | 1.254 times |
| 31 Fri May 2024 | 47.43 | 47.67 | 47.75 | 46.87 | 1.272 times |
| 30 Thu May 2024 | 47.34 | 48.20 | 48.53 | 47.17 | 0.999 times |
| 29 Wed May 2024 | 47.98 | 48.88 | 48.91 | 47.90 | 0.687 times |
| 28 Tue May 2024 | 49.24 | 49.67 | 50.37 | 49.17 | 0.974 times |
| 23 Thu May 2024 | 49.62 | 50.51 | 50.68 | 49.44 | 0.832 times |
| 22 Wed May 2024 | 50.62 | 49.69 | 50.95 | 49.61 | 0.865 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47, but if it comes above 47, then a intra day buy could be more profitable.
If you take a sell trade below 47, then use 47 as stoploss and 45.5 as target. However if you take a buy trade in stock , then use 47 as stoploss and 48.21 as target.
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 | 45.73 |
| Downside Intraday Target | 44.97 |
| Upside Intraday Target | 47.93 |
| Upside Intraday Target | 49.37 |
| Upside Intraday Target | 47.17 |
Weekly technical analysis of Scansource Inc (SCSC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 46.50 | 48.00 | 48.60 | 46.40 | 0.994 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 |
| 06 Thu Jun 2024 | 46.50 | 48.00 | 48.60 | 46.40 | 0.178 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 in or below 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 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 48.05 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 in or below 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 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 48.05 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.