Login or Join
 Learn then Earn

(Sourceind) Sourceind complete technical analysis [charts+indicators] | Buy/Sell Sourceind | (Sourceind) share price targets

Complete technical analysis of Sourceind (Sourceind) by charts plus indicators, forecast predictions and share price targets for Sourceind (Sourceind)

10 day averaged volume of Sourceind is 953

Date Daily Closing Price Open High Low Volume
23 Tue Apr 2024 3.17 3.17 3.17 3.17 0.105 times
22 Mon Apr 2024 3.33 3.33 3.33 3.03 2.728 times
18 Thu Apr 2024 3.18 3.41 3.41 3.18 0.105 times
15 Mon Apr 2024 3.34 3.34 3.34 3.34 0.026 times
12 Fri Apr 2024 3.34 3.34 3.34 3.34 0.105 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.2, but if it comes above 3.2, then a intra day buy could be more profitable.
If you take a sell trade below 3.2, then use 3.2 as stoploss and 3.1 as target. However if you take a buy trade in stock , then use 3.2 as stoploss and 3.27 as target.

Share price targets for Sourceind (Sourceind)

Target Type Value
Downside Target 3.03
Upside Target 3.18
Upside Target 3.33
Upside Target 3.34
Upside Target 3.41

Intraday share price targets for Sourceind (Sourceind)

Target Type Value
Downside Intraday Target 3.02
Downside Intraday Target 2.88
Upside Intraday Target 3.32
Upside Intraday Target 3.48
Upside Intraday Target 3.18

Weekly technical analysis of Sourceind (Sourceind)

Date Weekly Closing Price Open High Low Volume
23 Tue Apr 2024 3.17 3.33 3.33 3.03 21.6 times
18 Thu Apr 2024 3.18 3.34 3.41 3.18 0.625 times
12 Fri Apr 2024 3.34 3.34 3.34 3.34 0.031 times
15 Fri Mar 2024 3.34 3.34 3.34 3.18 4.075 times
29 Mon Jan 2024 3.34 3.34 3.34 3.34 1.448 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sourceind (Sourceind)

Date Monthly Closing Price Open High Low Volume
23 Tue Apr 2024 3.17 3.34 3.41 3.03 0.443 times
18 Mon Mar 2024 3.34 3.34 3.34 3.18 0.847 times
29 Mon Jan 2024 3.34 3.34 3.34 3.34 8.666 times
26 Tue Dec 2023 3.19 3.19 3.19 3.19 9 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sourceind (Sourceind)

Indicator Name Indicator Value Indicator Signal
ADX 50, 50, 0 Sell
MACD 0, 0Buy
Stochastics 39None
CCI -171Sell
RSI 56Buy
OBV 8201Sell
VWAP 3Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Sourceind ( (Sourceind) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sourceind ( (Sourceind) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sourceind ( (Sourceind) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sourceind ( (Sourceind) ) based on a mid to longer term time period is

ADX buy sell signal for Sourceind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sourceind in short term and the buy signal is strong.

Sourceind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sourceind in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sourceind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.33 and Sourceind (Sourceind) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sourceind (Sourceind) stock. Volume based technical analysis of Sourceind (Sourceind) stock is negative.

Sourceind Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sourceind charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme