(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 2024-12-20 View latest technical analysis
10 day averaged volume of Scansource Inc is 191423
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 47.58 | 48.81 | 49.67 | 47.26 | 10.353 times |
| 19 Thu Dec 2024 | 49.55 | 49.78 | 50.97 | 48.87 | 1.343 times |
| 18 Wed Dec 2024 | 49.11 | 51.42 | 52.09 | 48.77 | 1.568 times |
| 17 Tue Dec 2024 | 50.87 | 52.67 | 53.15 | 50.74 | 0.769 times |
| 16 Mon Dec 2024 | 52.96 | 52.48 | 53.90 | 52.08 | 1.014 times |
| 13 Fri Dec 2024 | 52.53 | 52.53 | 53.03 | 52.09 | 1.035 times |
| 12 Thu Dec 2024 | 52.56 | 53.07 | 53.44 | 52.06 | 0.768 times |
| 11 Wed Dec 2024 | 53.11 | 52.41 | 53.82 | 51.65 | 1.297 times |
| 10 Tue Dec 2024 | 51.62 | 51.82 | 52.11 | 50.73 | 0.86 times |
| 09 Mon Dec 2024 | 52.12 | 52.62 | 52.85 | 51.96 | 0.321 times |
Stock of Scansource Inc (SCSC) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 47.2, for a target of 49.1 or 50.72
Share price targets for Scansource Inc (SCSC)
| Target Type | Value |
| Downside Target | 42.23 |
| Downside Target | 44.33 |
| Downside Target | 47.26 |
| Upside Target | 48.51 |
| Upside Target | 49.98 |
| Upside Target | 52.19 |
| Upside Target | 52.79 |
| Upside Target | 52.98 |
| Upside Target | 53.76 |
| Upside Target | 53.82 |
| Upside Target | 53.90 |
Intraday share price targets for Scansource Inc (SCSC)
| Target Type | Value |
| Downside Intraday Target | 45.26 |
| Downside Intraday Target | 42.94 |
| Upside Intraday Target | 51.9 |
| Upside Intraday Target | 56.22 |
| Upside Intraday Target | 49.58 |
Weekly technical analysis of Scansource Inc (SCSC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 47.58 | 52.48 | 53.90 | 47.26 | 3.514 times |
| 13 Fri Dec 2024 | 52.53 | 52.62 | 53.82 | 50.73 | 4.186 times |
| 26 Tue Nov 2024 | 51.87 | 51.67 | 52.19 | 50.53 | 0.493 times |
| 26 Tue Nov 2024 | 51.87 | 51.82 | 52.98 | 50.53 | 0.514 times |
| 22 Fri Nov 2024 | 51.10 | 49.27 | 51.35 | 48.51 | 0.726 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Scansource Inc (SCSC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 47.58 | 52.62 | 53.90 | 47.26 | 0.955 times |
| 26 Tue Nov 2024 | 51.87 | 42.67 | 53.76 | 42.67 | 1.227 times |
| 31 Thu Oct 2024 | 42.41 | 48.10 | 49.98 | 42.23 | 0.563 times |
| 30 Mon Sep 2024 | 48.03 | 50.26 | 51.24 | 43.14 | 1.108 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 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 Scansource Inc ( (SCSC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 49.34 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 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 Scansource Inc ( (SCSC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 49.34 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.