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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 2024-07-09 View latest technical analysis

10 day averaged volume of Sourceind is 142

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	2.56	2.56	2.56	2.56	0.718 times
05 Fri Jul 2024	2.44	2.44	2.44	2.44	0.704 times
04 Thu Jul 2024	2.41	2.41	2.41	2.41	2.113 times
19 Wed Jun 2024	2.50	2.50	2.50	2.50	0.387 times
14 Fri Jun 2024	2.57	2.57	2.57	2.57	1.106 times
13 Thu Jun 2024	2.57	2.57	2.57	2.57	1.106 times
12 Wed Jun 2024	2.57	2.57	2.60	2.57	1.007 times
11 Tue Jun 2024	2.57	2.57	2.57	2.57	2.113 times
31 Fri May 2024	2.57	2.57	2.57	2.57	0.704 times
29 Wed May 2024	2.70	2.70	2.70	2.70	0.07 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.5 as stoploss in an intra day buy trade for a target of 2.72. However, stock will show a bearish move below 2.5.

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	2.81
Upside Target	2.90
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	2.56
Downside Intraday Target	2.56
Downside Intraday Target	2.56
Downside Intraday Target	2.56

Weekly technical analysis of Sourceind (Sourceind)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	2.56	2.56	2.56	2.56	0.224 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
23 Thu May 2024	2.81	2.90	2.90	2.81	0.42 times

Price has moved up 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
09 Tue Jul 2024	2.56	2.41	2.56	2.41	0.618 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, 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 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 SELL signal for Sourceind in short term and the sell signal is strong.

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 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 moving up

CCI has generated a buy signal for Sourceind in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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 2.52 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 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.