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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 2024-07-17 View latest technical analysis

10 day averaged volume of Scansource Inc is 171770

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	47.33	47.13	48.00	46.99	1.171 times
16 Tue Jul 2024	47.56	46.55	47.61	46.27	1.214 times
15 Mon Jul 2024	45.94	45.05	46.69	45.05	0.986 times
12 Fri Jul 2024	45.03	44.71	45.83	44.53	1.254 times
11 Thu Jul 2024	44.12	43.17	44.50	42.90	0.887 times
10 Wed Jul 2024	42.48	41.73	42.80	41.73	0.902 times
09 Tue Jul 2024	41.83	42.75	42.75	41.68	0.909 times
08 Mon Jul 2024	42.47	42.40	43.12	42.22	1.199 times
05 Fri Jul 2024	41.93	43.45	43.80	41.81	1.009 times
03 Wed Jul 2024	43.75	43.67	43.86	43.14	0.819 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 47.4, for a target of 45.6 or 44.11

Share price targets for Scansource Inc (SCSC)

Target Type	Value
Downside Target	38.51
Downside Target	39.89
Downside Target	41.50
Downside Target	42.87
Downside Target	43.86
Downside Target	45.10
Downside Target	45.21
Downside Target	45.83
Upside Target	48.00
Upside Target	48.60
Upside Target	50.95

Intraday share price targets for Scansource Inc (SCSC)

Target Type	Value
Downside Intraday Target	45.59
Downside Intraday Target	43.84
Upside Intraday Target	48.54
Upside Intraday Target	49.74
Downside Intraday Target	46.79

Weekly technical analysis of Scansource Inc (SCSC)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	47.33	45.05	48.00	45.05	0.655 times
12 Fri Jul 2024	45.03	42.40	45.83	41.68	2.817 times
05 Fri Jul 2024	41.93	43.67	43.86	41.81	0.615 times
03 Wed Jul 2024	43.75	44.14	44.18	42.87	0.417 times
28 Fri Jun 2024	44.31	44.77	45.21	42.98	0.512 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 Wed Jul 2024	47.33	44.14	48.00	41.68	0.399 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
30 Tue Apr 2024	41.62	44.24	44.78	39.89	0.867 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Scansource Inc ( (SCSC) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Scansource Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Scansource Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Scansource Inc in short term and BUY 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 44.39 and Scansource Inc (SCSC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.