Is ScanSource, Inc. technically bullish or bearish?
As of May 1, 2025, ScanSource, Inc. exhibits a mildly bearish trend, influenced by daily moving averages and mixed signals from MACD and Bollinger Bands across different time frames.
As of 1 May 2025, the technical trend for ScanSource, Inc. has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment. The weekly MACD shows a mildly bullish signal, but the monthly MACD remains mildly bearish, suggesting mixed signals across different time frames. Bollinger Bands are bullish on the weekly chart but mildly bearish on the monthly, further contributing to the overall mildly bearish outlook. The Dow Theory indicates a mildly bullish stance on the monthly timeframe, but the lack of clear trends in the weekly KST and OBV adds to the uncertainty. Overall, the strength of the bearish sentiment is moderate, with some bullish indicators on shorter time frames.
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