40.78 USD
+0.34 (+0.84%)
40.78 USD
0 (0%)
Taking everything into account, SCSC scores 0 out of 10 in our technical rating. SCSC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
78% of all other stocks performed better in the past year than SCSC.
SCSC is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 60% are performing better than SCSC.
SCSC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCSC is lagging the market.
In the last month SCSC has a been trading in the 38.61 - 43.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
37.33
45.86
2 important support areas can be observed.
- A support zone ranging from 39.05 to 39.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.71 to 37.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 40.91 to 41.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.90 to 42.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 44.93 to 45.41. 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 | DOWN | NEGATIVE | The long term trend for SCSC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCSC is neutral. |
| ChartMill Relative Strength | 22.43 | NEGATIVE | SCSC has a low relative strength, it was outperformed by 77.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SCSC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SCSC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCSC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.93 | NEUTRAL | The RSI value for SCSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SCSC has a positive trend. |
| Stochastics (14,3) | 47.3 | NEUTRAL | The Stochastics value for SCSC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for SCSC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.03 | POSITIVE | The high ADX value value for SCSC suggests a strong 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)
40.78
+0.34 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.84%
1 Week4.4%
2 Weeks2.62%
1 Month-3.39%
3 Month0.82%
6 Month-1.5%
12 Month-13.88%
2 Year3.87%
3 Year23.84%
5 Year68.58%
10 Year29.96%
15 Year12.62%
Volatility
ATR(14)0.89
ATR(20)%2.83%
ATR Inc37.26%
Range Today0.98
ADR(20)1.15
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.43
3 months CRS44.77
6 months CRS30.46
Mansfield-0.91
10 Day High41
10 Day Low38.61
20 Day High43.41
20 Day Low38.61
52 Week High52.06
52 Week Low28.75
CS1 End39.69
CR1 Start40.91
Volume & EV
DER(3)4.04%
DER(5)2.54%
Volume216.30K
Volume Incr4.91%
Vol(5)207.54K
Vol(50)185.66K
SCANSOURCE INC / SCSC FAQ
Can you provide the ChartMill technical rating for SCANSOURCE INC?
ChartMill assigns a technical rating of 0 / 10 to SCSC.
What is the current trend direction of SCANSOURCE INC (SCSC) stock?
The current trend direction for SCANSOURCE INC (SCSC) is Bearish.
What is the RSI signal for SCANSOURCE INC (SCSC) stock?
SCANSOURCE INC (SCSC) has an RSI value of 53.9322. This indicates that the stock is currently neutral.
What is the short term momentum for SCSC stock?
The short term momentum for SCANSOURCE INC (SCSC) is neutral.