1ST SOURCE CORP (SRCE) Stock Technical Analysis
NASDAQ:SRCE - Nasdaq - US3369011032 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to SRCE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRCE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SRCE is one of the better performing stocks in the market, outperforming 79% of all stocks.
SRCE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SRCE is lagging the market slightly.
In the last month SRCE has a been trading in the 55.92 - 67.77 range, which is quite wide. It is currently trading near the high of this range.
SRCE is an average performer in the Banks industry, it outperforms 65% of 405 stocks in the same industry.
SRCE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 65.91. Right above this resistance zone may be a good entry point.
More info and screens
54.35
68.33
We found 2 important support areas.
- A support zone ranging from 56.00 to 56.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 54.90 to 54.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 65.91 to 67.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.42
Mansfield0.41
10 Day High67.77
10 Day Low63.71
20 Day High67.77
20 Day Low55.92
52 Week High68.13
52 Week Low47.3
Performance
1 Week-4.46%
2 Weeks-2.91%
1 Month10.91%
3 Month-3.71%
6 Month4.37%
12 Month28.4%
2 Year28.12%
3 Year32.18%
5 Year51.8%
10 Year106.77%
15 Year327.53%
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)-0.17
RSI(14)51.6
LBB63
UBB67.98
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 65.92 | 63.70 | 2.22 (3.36%) | 25.00% |
| An entry @65.92. This is a Buy Stop order right above the 10 day moving average. | An exit @63.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.22 points, which is 3.36%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SRCE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
63.83
-1.19 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.83%
1 Week-4.46%
2 Weeks-2.91%
1 Month10.91%
3 Month-3.71%
6 Month4.37%
12 Month28.4%
2 Year28.12%
3 Year32.18%
5 Year51.8%
10 Year106.77%
15 Year327.53%
Volatility
ATR(14)1.92
ATR(20)%3.23%
ATR Inc-9.49%
Range Today1.8
ADR(20)1.94
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.42
Mansfield0.41
10 Day High67.77
10 Day Low63.71
20 Day High67.77
20 Day Low55.92
52 Week High68.13
52 Week Low47.3
CS1 End56.3
CR1 Start65.91
Volume & EV
DER(3)0.94%
DER(5)-1%
Volume70.50K
Volume Incr-31.1%
Vol(5)67.62K
Vol(50)76.31K