SCANSOURCE INC (SCSC)

US8060371072 - Common Stock

48.01  +0.43 (+0.9%)

After market: 48.01 0 (0%)

Technical Rating and Analysis

3

Overall SCSC gets a technical rating of 3 out of 10. Although SCSC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month SCSC has a been trading in the 47.26 - 53.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that SCSC is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by SCSC over the past year are nicely spread over this period.
SCSC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SCSC is performing more or less in line with the market.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SCSC is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, SCSC did better than 62% of them.
Weekly and Daily overview Charts
SCSC Weekly chart
SCSC Daily chart
Setup Rating and Analysis

4

SCSC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

41.06

53.65

We found 3 important support areas.

  • Support @45.54 from a trend line in the weekly time frame.
  • A support zone ranging from 42.40 to 44.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @41.47 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 52.54 to 53.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.8
Mansfield-0.39
10 Day High53.9
10 Day Low47.26
20 Day High53.9
20 Day Low47.26
52 Week High53.9
52 Week Low31.01
Performance
1 Week-9.35%
2 Weeks-7.55%
1 Month-6.05%
3 Month1.09%
6 Month8.35%
12 Month21.21%
2 Year64.31%
3 Year36.86%
5 Year29.93%
10 Year19.55%
15 Year79.81%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.66
RSI(14)39.75
LBB47.59
UBB54.76
SCSC Daily chart

SCANSOURCE INC

NASDAQ:SCSC (12/23/2024, 8:00:01 PM)

After market: 48.01 0 (0%)

48.01

+0.43 (+0.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.9%
1 Week-9.35%
2 Weeks-7.55%
1 Month-6.05%
3 Month1.09%
6 Month8.35%
12 Month21.21%
2 Year64.31%
3 Year36.86%
5 Year29.93%
10 Year19.55%
15 Year79.81%
Volatility
ATR(14)1.69
ATR(20)%3.72%
ATR Inc-1.3%
Range Today1.09
ADR(20)1.75
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.8
Mansfield-0.39
10 Day High53.9
10 Day Low47.26
20 Day High53.9
20 Day Low47.26
52 Week High53.9
52 Week Low31.01
CS1 End45.54
CR1 Start52.54
Volume & EV
DER(3)-0.67%
DER(5)-1.87%
Volume230.80K
Volume Incr237.95%
Vol(5)599.08K
Vol(50)217.87K