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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.

10 day averaged volume of Source Capital is 10030

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	41.23	41.35	41.54	41.05	1.635 times
12 Fri Apr 2024	41.57	41.50	41.75	41.37	0.568 times
11 Thu Apr 2024	41.73	41.71	42.32	41.58	1.705 times
10 Wed Apr 2024	41.76	41.85	42.34	41.71	0.608 times
09 Tue Apr 2024	41.91	41.93	42.16	41.87	0.937 times
08 Mon Apr 2024	41.88	42.35	42.35	41.87	1.615 times
05 Fri Apr 2024	42.34	42.24	42.62	41.93	0.688 times
04 Thu Apr 2024	42.06	42.49	42.69	42.05	1.017 times
03 Wed Apr 2024	42.49	42.55	42.55	42.10	0.638 times
02 Tue Apr 2024	42.55	42.41	42.59	42.21	0.678 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.4, but if it comes above 41.4, then a intra day buy could be more profitable.
If you take a sell trade below 41.4, then use 41.4 as stoploss and 40.8 as target. However if you take a buy trade in stock , then use 41.4 as stoploss and 41.89 as target.

Share price targets for Source Capital (SOR)

Target Type	Value
Downside Target	39.36
Upside Target	41.54
Upside Target	41.76
Upside Target	41.93
Upside Target	42.35
Upside Target	42.55
Upside Target	42.65
Upside Target	42.75
Upside Target	42.92

Intraday share price targets for Source Capital (SOR)

Target Type	Value
Downside Intraday Target	41.01
Downside Intraday Target	40.78
Upside Intraday Target	41.5
Upside Intraday Target	41.76
Upside Intraday Target	41.27

Weekly technical analysis of Source Capital (SOR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	41.23	41.35	41.54	41.05	0.301 times
12 Fri Apr 2024	41.57	42.35	42.35	41.37	1.19 times
05 Fri Apr 2024	42.34	42.43	42.92	41.93	1.324 times
28 Thu Mar 2024	42.49	41.65	42.65	41.54	0.256 times
22 Fri Mar 2024	41.85	42.55	42.55	40.83	2.827 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
15 Mon Apr 2024	41.23	42.43	42.92	41.05	0.402 times
28 Thu Mar 2024	42.49	41.10	42.75	40.83	0.856 times
29 Thu Feb 2024	41.06	40.36	41.76	40.06	1.047 times
31 Wed Jan 2024	40.00	40.14	40.94	39.36	1.085 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 Source Capital (SOR)

Price action analysis of Source Capital ( (SOR) ) 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 Source Capital ( (SOR) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Source Capital in short term but the sell signal is initial and weak.

Source Capital Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Source Capital 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

Stock of Source Capital is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.86 and Source Capital (SOR) 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 Source Capital (SOR) stock. Volume based technical analysis of Source Capital (SOR) stock is negative.

Source Capital Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.