Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2024-06-12 View latest technical analysis

10 day averaged volume of Sourceind is 101

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	2.57	2.57	2.60	2.57	1.416 times
11 Tue Jun 2024	2.57	2.57	2.57	2.57	2.97 times
31 Fri May 2024	2.57	2.57	2.57	2.57	0.99 times
29 Wed May 2024	2.70	2.70	2.70	2.70	0.099 times
28 Tue May 2024	2.70	2.70	2.70	2.70	0.99 times
27 Mon May 2024	2.70	2.70	2.70	2.70	0.99 times
23 Thu May 2024	2.81	2.81	2.81	2.81	0.99 times
21 Tue May 2024	2.90	2.90	2.90	2.90	0.05 times
16 Thu May 2024	2.91	3.16	3.16	2.91	1.485 times
14 Tue May 2024	3.01	2.87	3.01	2.87	0.99 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.7, but if it comes above 2.7, then a intra day buy could be more profitable.
If you take a sell trade below 2.7, then use 2.7 as stoploss and 2.4 as target. However if you take a buy trade in stock , then use 2.7 as stoploss and 2.95 as target.

Share price targets for Sourceind (Sourceind)

Target Type	Value
Downside Target	2.57
Upside Target	2.70
Upside Target	2.81
Upside Target	2.87
Upside Target	3.02
Upside Target	3.16
Upside Target	3.18
Upside Target	3.34
Upside Target	3.41

Intraday share price targets for Sourceind (Sourceind)

Target Type	Value
Downside Intraday Target	2.56
Downside Intraday Target	2.55
Upside Intraday Target	2.59
Upside Intraday Target	2.61
Upside Intraday Target	2.58

Weekly technical analysis of Sourceind (Sourceind)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	2.57	2.57	2.60	2.57	1.429 times
31 Fri May 2024	2.57	2.70	2.70	2.57	2.952 times
23 Thu May 2024	2.81	2.90	2.90	2.81	0.42 times
16 Thu May 2024	2.91	2.87	3.16	2.87	1.736 times
10 Fri May 2024	2.87	3.02	3.02	2.87	0.36 times

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

Monthly technical analysis of Sourceind (Sourceind)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	2.57	2.57	2.60	2.57	0.399 times
31 Fri May 2024	2.57	3.02	3.16	2.57	0.367 times
30 Tue Apr 2024	3.02	3.34	3.41	3.02	0.458 times
18 Mon Mar 2024	3.34	3.34	3.34	3.18	0.847 times

Scroll below to view daily charts

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)

Price action analysis of Sourceind ( (Sourceind) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Sourceind in short term and the sell signal is strong.

Sourceind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Sourceind in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.7 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 negative.

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