SCANSOURCE INC (SCSC) Stock Technical Analysis
NASDAQ:SCSC - Nasdaq - US8060371072 - Common Stock - Currency: USD
Taking everything into account, SCSC scores 0 out of 10 in our technical rating. SCSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SCSC is a bad performer in the overall market: 83% of all stocks are doing better.
SCSC is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 64% of 124 stocks in the same industry do better.
SCSC is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so SCSC is not an exception.
In the last month SCSC has a been trading in the 28.75 - 37.02 range, which is quite wide. It is currently trading near the lows of this range.
SCSC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.32, a Stop Loss order could be placed below this zone.
More info and screens
29.33
52.57
We found 1 important support area.
- A support zone ranging from 29.63 to 30.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 31.74 to 31.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.82 from a horizontal line in the daily time frame.
- Resistance @52.05 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.77
Mansfield-2.32
10 Day High32.56
10 Day Low28.75
20 Day High37.02
20 Day Low28.75
52 Week High53.9
52 Week Low28.75
Performance
1 Week-0.03%
2 Weeks3.14%
1 Month-11.63%
3 Month-38.81%
6 Month-30.42%
12 Month-25.61%
2 Year14.15%
3 Year-8.82%
5 Year20.45%
10 Year-21.66%
15 Year12.06%
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)0.14
RSI(14)37.79
LBB29.04
UBB33.92
31.22
-0.52 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.64%
1 Week-0.03%
2 Weeks3.14%
1 Month-11.63%
3 Month-38.81%
6 Month-30.42%
12 Month-25.61%
2 Year14.15%
3 Year-8.82%
5 Year20.45%
10 Year-21.66%
15 Year12.06%
Volatility
ATR(14)1.69
ATR(20)%4.89%
ATR Inc-48.6%
Range Today0.77
ADR(20)1.43
ADR(20)%4.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.77
Mansfield-2.32
10 Day High32.56
10 Day Low28.75
20 Day High37.02
20 Day Low28.75
52 Week High53.9
52 Week Low28.75
CS1 End30.32
CR1 Start31.74
Volume & EV
DER(3)-0.13%
DER(5)-0.21%
Volume144.40K
Volume Incr-38.01%
Vol(5)222.96K
Vol(50)294.77K