SCANSOURCE INC (SCSC)

US8060371072 - Common Stock

46.59  +1.73 (+3.86%)

After market: 46.59 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, SCSC scores 10 out of 10 in our technical rating. SCSC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that SCSC is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, SCSC also shows a nice and consistent pattern of rising prices.
SCSC is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry. SCSC outperforms 87% of them.
SCSC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SCSC has a been trading in the 38.51 - 47.38 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SCSC Weekly chart
SCSC Daily chart
Setup Rating and Analysis

3

Although SCSC has an excellent technical rating, it does not offer a high quality setup 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

25.86

47.06

5 important support areas can be observed.

  • A support zone ranging from 41.67 to 43.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @40.78 from a horizontal line in the weekly time frame.
  • Support @40.07 from a horizontal line in the daily time frame.
  • Support @34.47 from a trend line in the weekly time frame.
  • Support @26.12 from a horizontal line in the weekly time frame.

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
CRS91.64
Mansfield1.96
10 Day High47.38
10 Day Low38.51
20 Day High47.38
20 Day Low38.51
52 Week High47.38
52 Week Low26.99
Performance
1 Week12.35%
2 Weeks8.68%
1 Month14.81%
3 Month16.88%
6 Month54.94%
12 Month63.07%
2 Year20.26%
3 Year52.6%
5 Year59.5%
10 Year25.58%
15 Year88.32%
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)0.47
RSI(14)70.14
LBB39.88
UBB45.88
SCSC Daily chart

SCANSOURCE INC

NASDAQ:SCSC (5/8/2024, 7:17:54 PM)

After market: 46.59 0 (0%)

46.59

+1.73 (+3.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.86%
1 Week12.35%
2 Weeks8.68%
1 Month14.81%
3 Month16.88%
6 Month54.94%
12 Month63.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.91
ATR(20)%3.4%
ATR Inc
Range Today2.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High47.38
10 Day Low38.51
20 Day High47.38
20 Day Low38.51
52 Week High47.38
52 Week Low26.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume485.70K
Volume Incr28.2%
Vol(5)266.58K
Vol(50)225.73K