1ST SOURCE CORP (SRCE) Stock Technical Analysis
NASDAQ:SRCE - US3369011032 - Common Stock
64.075 USD
+2.95 (+4.82%)
64.075 USD
0 (0%)
We assign a technical rating of 5 out of 10 to SRCE. In the last year, SRCE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SRCE is one of the lesser performing stocks in the Banks industry. 65% of 393 stocks in the same industry do better.
In the last month SRCE has a been trading in the 58.05 - 64.32 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, SRCE outperforms 50% of them, which is more or less in line with the market.
SRCE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SRCE is lagging the market.
SRCE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
54.36
67.02
When analyzing the support we can see 3 important areas.
- Support @62.78 from a horizontal line in the daily time frame.
- A support zone ranging from 58.30 to 61.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.91 to 55.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 65.47 to 66.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SRCE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRCE is neutral. |
| ChartMill Relative Strength | 50.45 | NEUTRAL | SRCE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRCE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRCE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.52 | NEUTRAL | The RSI value for SRCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests SRCE has a positive trend. |
| Stochastics (14,3) | 84.24 | OVERBOUGHT | The high Stochastics value suggests SRCE may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SRCE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.31 | NEGATIVE | The low ADX value for SRCE suggests a weak or negative trend. |
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)
64.075
+2.95 (+4.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.82%
1 Week5.91%
2 Weeks8.9%
1 Month5.21%
3 Month6.56%
6 Month0.38%
12 Month4.77%
2 Year43.38%
3 Year35.78%
5 Year85.99%
10 Year114.01%
15 Year295.04%
Volatility
ATR(14)1.36
ATR(20)%2.32%
ATR Inc53.94%
Range Today2.78
ADR(20)1.37
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.45
Mansfield-0.41
10 Day High64.32
10 Day Low58.41
20 Day High64.32
20 Day Low58.06
52 Week High68.13
52 Week Low52.14
CS1 End62.78
CR1 Start65.47
Volume & EV
DER(3)-1.46%
DER(5)-0.96%
Volume117.40K
Volume Incr-13.29%
Vol(5)69.72K
Vol(50)98.33K