NASDAQ:SCSC • US8060371072
Overall SCSC gets a technical rating of 0 out of 10. 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.
SCSC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 36.08, a Stop Loss order could be placed below this zone.
35.35
We found 1 important support area.
When analyzing the resistance we notice 5 important areas.
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 | DOWN | NEGATIVE | The short term trend for SCSC is down. |
| ChartMill Relative Strength | 25.25 | NEGATIVE | SCSC has a low relative strength, it was outperformed by 74.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCSC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCSC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCSC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.81 | NEUTRAL | The RSI value for SCSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests SCSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.1 | NEUTRAL | The Stochastics value for SCSC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for SCSC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for SCSC suggests a strong trend. |
36.19
-1.48 (-3.93%)
ChartMill assigns a technical rating of 0 / 10 to SCSC.
The current trend direction for SCANSOURCE INC (SCSC) is Bearish.
SCANSOURCE INC (SCSC) has an RSI value of 41.8066. This indicates that the stock is currently neutral.
The short term momentum for SCANSOURCE INC (SCSC) is negative.
The buy/sell signal for SCANSOURCE INC (SCSC) is sell as both the short term and long term trends are negative.