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(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 2024-07-22 View latest technical analysis

10 day averaged volume of Sourceind is 218

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	2.62	2.75	2.75	2.62	0.459 times
19 Fri Jul 2024	2.62	2.62	2.62	2.62	0.312 times
11 Thu Jul 2024	2.62	2.62	2.62	2.62	0.459 times
10 Wed Jul 2024	2.61	2.61	2.61	2.61	4.587 times
09 Tue Jul 2024	2.56	2.56	2.56	2.56	0.468 times
05 Fri Jul 2024	2.44	2.44	2.44	2.44	0.459 times
04 Thu Jul 2024	2.41	2.41	2.41	2.41	1.376 times
19 Wed Jun 2024	2.50	2.50	2.50	2.50	0.252 times
14 Fri Jun 2024	2.57	2.57	2.57	2.57	0.72 times
13 Thu Jun 2024	2.57	2.57	2.57	2.57	0.72 times

My analysis of stock is bearish for shortterm, and stock might move down till 2.5 or till 2.3. Use a stoploss of 2.65 and if the stock hits stoploss, then it can shoot up till 2.8

Share price targets for Sourceind (Sourceind)

Target Type	Value
Downside Target	2.41
Downside Target	2.50
Downside Target	2.56
Upside Target	2.70
Upside Target	2.75
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	2.58
Downside Intraday Target	2.53
Upside Intraday Target	2.71
Upside Intraday Target	2.79
Upside Intraday Target	2.66

Weekly technical analysis of Sourceind (Sourceind)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	2.62	2.75	2.75	2.62	0.079 times
19 Fri Jul 2024	2.62	2.56	2.62	2.56	2.791 times
05 Fri Jul 2024	2.44	2.50	2.50	2.41	0.601 times
14 Fri Jun 2024	2.57	2.57	2.60	2.57	2.442 times
31 Fri May 2024	2.57	2.70	2.70	2.57	2.952 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
22 Mon Jul 2024	2.62	2.41	2.75	2.41	2.18 times
19 Wed Jun 2024	2.50	2.57	2.60	2.50	0.732 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sourceind in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sourceind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 2.56 and Sourceind (Sourceind) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.