ScanSource Technical Analysis

SCSC -- USA Stock  

Fiscal Quarter End: December 31, 2019  

As of 14 of November ScanSource has Coefficient Of Variation of 1316.96, Semi Deviation of 1.95 and Risk Adjusted Performance of 0.0686. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of ScanSource as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for ScanSource which can be compared to its competition. Please validate ScanSource Treynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if ScanSource is priced more or less accurately providing market reflects its prevalent price of 33.97 per share. Given that ScanSource has Jensen Alpha of 0.0448, we advise you double-check ScanSource current market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
36.0Hold1Odds
ScanSource current and past analyst recommendations published by number of research institutions as well as average analyst consensus
ScanSource Analyst Advice  
Horizon     30 Days    Login   to change

ScanSource Technical Analysis

Indicator
Time Period
  Portfolio Suggestion    
  
Execute Indicator
 
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ScanSource volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

ScanSource Trend Analysis

Use this graph to draw trend lines for ScanSource. You can use it to identify possible trend reversals for ScanSource as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ScanSource price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ScanSource Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ScanSource applied against its price change over selected period. The best fit line has a slop of   0.08  which means ScanSource will continue generating value for investors. It has 122 observation points and a regression sum of squares at 238.64, which is the sum of squared deviations for the predicted ScanSource price change compared to its average price change.

ScanSource November 14, 2019 Technical Indicators

ScanSource November 14, 2019 Daily Price Condition

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