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Stock Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

ScanSource, Inc. (NASDAQ:SCSC)

Sidelines Mode (+55) - SCSC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SCSC?

MarketClub looks at technical strength and momentum to determine if the timing is right for SCSC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SCSC
Open High Low SCSC Price Change
41.8400 42.5900 41.8375 42.0000 +0.1000
Entry Signal

MarketClub’s Trade Triangles for SCSC

long term up The long-term trend has been UP since Aug 23rd, 2023 at 31.30

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2024 at 40.23

short term down The short-term trend has been DOWN since Mar 15th, 2024 at 41.73

Smart Scan Analysis for SCSC

Based on our trend formula, SCSC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SCSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.8400 42.5900 41.8375 42.0000 +0.1000
Prev. Close Volume Bid Ask Time
41.9600 160234 2024-03-18 15:59:59
Year High44.3Year High Date2018-11-07
Year Low31.4Year Low Date2018-02-09
52wk High45.152wk High Date2024-03-08
52wk Low26.1452wk Low Date2023-05-05
Year End Close31.77Average Volume267,501
Shares Outstanding25,170Short Interest456,129
% Institutional99.7Market Cap796M
Assets178,080,500MLiabilities827,204,000M
P/E Ratio12.0575Beta1.2
Volatility35.78
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