1ST SOURCE CORP (SRCE)
US3369011032 - Common Stock
Overall SRCE gets a technical rating of 6 out of 10. SRCE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SRCE has a been trading in the 47.30 - 52.05 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, SRCE outperforms 68% of them, which is more or less in line with the market.
SRCE is an average performer in the Banks industry, it outperforms 55% of 412 stocks in the same industry.
SRCE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SRCE is lagging the market slightly.
Although the technical rating is only medium, SRCE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 51.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.58, a Stop Loss order could be placed below this zone.
More info and screens
40.99
56.37
2 important support areas can be observed.
- A support zone ranging from 47.75 to 50.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.40 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 51.46 to 51.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.99 from a trend line in the weekly time frame.
- A resistance zone ranging from 55.13 to 55.81. This zone is formed by a combination of multiple trend lines 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
CRS68.26
Mansfield-0.21
10 Day High52.05
10 Day Low48.91
20 Day High52.05
20 Day Low47.3
52 Week High56.59
52 Week Low40.44
Performance
1 Week4.32%
2 Weeks2.88%
1 Month2.23%
3 Month0.86%
6 Month9.12%
12 Month20.95%
2 Year9.42%
3 Year4%
5 Year17.57%
10 Year69.58%
15 Year187.43%
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)0.25
RSI(14)57.1
LBB47.45
UBB52.47
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 |
|---|---|---|---|
| 51.88 | 48.90 | 2.98 (5.74%) | 17.41% |
| An entry @51.88. This is a Buy Stop order right above the resistance zone. | An exit @48.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.98 points, which is 5.74%. | For a 1.00% total portfolio risk, you can invest 17.41% of your capital in this trade. |
- 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.
1ST SOURCE CORP
NASDAQ:SRCE (5/3/2024, 7:19:37 PM)
After market: 51.45 0 (0%)51.45
-0.19 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.37%
1 Week4.32%
2 Weeks2.88%
1 Month2.23%
3 Month0.86%
6 Month9.12%
12 Month20.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.27
ATR(20)%2.38%
ATR Inc
Range Today0.76
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 High52.05
10 Day Low48.91
20 Day High52.05
20 Day Low47.3
52 Week High56.59
52 Week Low40.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume43.70K
Volume Incr-11.83%
Vol(5)50.78K
Vol(50)63.69K