ScanSource Price Action Indicator

SCSC -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Investors can use this prediction interface to forecast ScanSource historic prices and determine the direction of ScanSource future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of ScanSource historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of ScanSource systematic risks associated with finding meaningful patterns of ScanSource fundamentals over time. Also please take a look at Historical Fundamental Analysis of ScanSource to cross-verify your projections.
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On November 14, 2019 ScanSource had Price Action Indicator of 0.315. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
  Previous Price Action IndicatorPrice Action IndicatorTrend
1.1650.315
Check ScanSource Volatility | Backtest ScanSource | Trend Details  

ScanSource Trading Date Momentum

On November 15 2019 ScanSource was traded for  35.25  at the closing time. The top price for the day was 35.58  and the lowest listed price was  34.77 . The trading volume for the day was 149.2 K. The trading history from November 15, 2019 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 1.15% . The trading price change against the current closing price is 2.12% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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