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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 2024-07-18 View latest technical analysis

10 day averaged volume of Scansource Inc is 177820

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	46.88	47.02	48.25	46.45	0.817 times
17 Wed Jul 2024	47.33	47.13	48.00	46.99	1.131 times
16 Tue Jul 2024	47.56	46.55	47.61	46.27	1.173 times
15 Mon Jul 2024	45.94	45.05	46.69	45.05	0.953 times
12 Fri Jul 2024	45.03	44.71	45.83	44.53	1.211 times
11 Thu Jul 2024	44.12	43.17	44.50	42.90	0.857 times
10 Wed Jul 2024	42.48	41.73	42.80	41.73	0.872 times
09 Tue Jul 2024	41.83	42.75	42.75	41.68	0.878 times
08 Mon Jul 2024	42.47	42.40	43.12	42.22	1.158 times
05 Fri Jul 2024	41.93	43.45	43.80	41.81	0.975 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.9, but if it comes below 45.9, then a intra day sell could be more profitable.
If you take a sell trade below 45.9, then use 45.9 as stoploss and 44.25 as target. However if you take a buy trade in stock , then use 45.9 as stoploss and 47.8 as target.

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	48.25
Upside Target	48.60
Upside Target	50.95

Intraday share price targets for Scansource Inc (SCSC)

Target Type	Value
Downside Intraday Target	45.2
Downside Intraday Target	43.53
Upside Intraday Target	48.4
Upside Intraday Target	49.93
Downside Intraday Target	46.73

Weekly technical analysis of Scansource Inc (SCSC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	46.88	45.05	48.25	45.05	0.819 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
18 Thu Jul 2024	46.88	44.14	48.25	41.68	0.424 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 losing 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 tired and bears are picking up momentum.

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 SELL signal for Scansource Inc in short term but SELL signal is weak.

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

Stock of Scansource Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.65 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.