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(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 2024-06-17 View latest technical analysis

10 day averaged volume of Scansource Inc is 170310

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Jun 2024	44.38	43.97	44.48	43.62	1.008 times
14 Fri Jun 2024	44.00	44.70	44.70	43.74	0.902 times
13 Thu Jun 2024	45.24	45.46	45.46	44.97	0.691 times
12 Wed Jun 2024	45.46	46.99	47.37	45.30	1.043 times
11 Tue Jun 2024	45.46	45.80	45.80	45.10	0.928 times
10 Mon Jun 2024	46.27	45.52	46.37	45.42	1.005 times
07 Fri Jun 2024	46.04	46.02	46.42	45.80	0.844 times
06 Thu Jun 2024	46.50	46.80	47.25	46.48	0.834 times
05 Wed Jun 2024	46.80	47.30	47.30	46.40	1.241 times
04 Tue Jun 2024	47.30	47.95	48.23	46.83	1.04 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.4, but if it comes above 45.4, then a intra day buy could be more profitable.
If you take a sell trade below 45.4, then use 45.4 as stoploss and 43.2 as target. However if you take a buy trade in stock , then use 45.4 as stoploss and 47.28 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
Upside Target	46.87
Upside Target	47.37
Upside Target	48.44
Upside Target	48.60
Upside Target	50.37
Upside Target	50.95

Intraday share price targets for Scansource Inc (SCSC)

Target Type	Value
Downside Intraday Target	43.84
Downside Intraday Target	43.3
Upside Intraday Target	44.7
Upside Intraday Target	45.02
Downside Intraday Target	44.16

Weekly technical analysis of Scansource Inc (SCSC)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Jun 2024	44.38	43.97	44.48	43.62	0.221 times
14 Fri Jun 2024	44.00	45.52	47.37	43.74	0.841 times
07 Fri Jun 2024	46.04	48.00	48.60	45.80	1.177 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

Price has moved up 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
17 Mon Jun 2024	44.38	48.00	48.60	43.62	0.427 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 to mid 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Scansource Inc in short term and the sell signal is strong.

Scansource Inc 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 moving up

CCI has generated a buy signal for Scansource Inc in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 45.79 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.