(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 2024-08-06 View latest technical analysis
10 day averaged volume of Scansource Inc is 172504
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 46.44 | 45.70 | 46.90 | 45.70 | 0.729 times |
| 05 Mon Aug 2024 | 45.75 | 44.96 | 46.32 | 44.33 | 0.908 times |
| 02 Fri Aug 2024 | 47.46 | 47.33 | 47.52 | 46.51 | 1.183 times |
| 01 Thu Aug 2024 | 49.22 | 52.22 | 52.79 | 49.09 | 1.34 times |
| 31 Wed Jul 2024 | 52.05 | 51.33 | 53.29 | 50.94 | 1.016 times |
| 30 Tue Jul 2024 | 50.88 | 50.55 | 51.87 | 49.99 | 1.14 times |
| 29 Mon Jul 2024 | 50.19 | 50.64 | 50.86 | 49.76 | 0.943 times |
| 26 Fri Jul 2024 | 50.38 | 49.88 | 50.47 | 49.25 | 0.91 times |
| 25 Thu Jul 2024 | 49.00 | 48.14 | 49.79 | 48.12 | 0.788 times |
| 24 Wed Jul 2024 | 47.99 | 48.96 | 50.00 | 47.93 | 0.738 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 45.3 as stoploss in an intra day buy trade for a target of 47.62. However, stock will show a bearish move below 45.3.
Share price targets for Scansource Inc (SCSC)
| Target Type | Value |
| Downside Target | 38.51 |
| Downside Target | 39.89 |
| Downside Target | 41.68 |
| Downside Target | 42.98 |
| Downside Target | 44.33 |
| Upside Target | 48.25 |
| Upside Target | 48.60 |
| Upside Target | 50.47 |
| Upside Target | 50.95 |
| Upside Target | 52.79 |
| Upside Target | 53.29 |
Intraday share price targets for Scansource Inc (SCSC)
| Target Type | Value |
| Downside Intraday Target | 44.88 |
| Downside Intraday Target | 43.32 |
| Upside Intraday Target | 47.45 |
| Upside Intraday Target | 48.46 |
| Downside Intraday Target | 45.89 |
Weekly technical analysis of Scansource Inc (SCSC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 46.44 | 44.96 | 46.90 | 44.33 | 0.291 times |
| 02 Fri Aug 2024 | 47.46 | 50.64 | 53.29 | 46.51 | 1.237 times |
| 26 Fri Jul 2024 | 50.38 | 46.56 | 50.47 | 46.25 | 0.892 times |
| 19 Fri Jul 2024 | 46.40 | 45.05 | 48.25 | 45.05 | 0.993 times |
| 12 Fri Jul 2024 | 45.03 | 42.40 | 45.83 | 41.68 | 2.817 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 Tue Aug 2024 | 46.44 | 52.22 | 52.79 | 44.33 | 0.184 times |
| 31 Wed Jul 2024 | 52.05 | 44.14 | 53.29 | 41.68 | 0.681 times |
| 28 Fri Jun 2024 | 44.31 | 48.00 | 48.60 | 42.98 | 1.306 times |
| 31 Fri May 2024 | 47.43 | 41.38 | 50.95 | 38.51 | 1.007 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Scansource Inc ( (SCSC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Scansource Inc stock for short term is SELL. 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 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 moving up
CCI has generated a buy signal for Scansource Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 49.05 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Scansource Inc ( (SCSC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Scansource Inc stock for short term is SELL. 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 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 moving up
CCI has generated a buy signal for Scansource Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 49.05 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.