Here’s Why ScanSource, Inc. (NASDAQ:SCSC) Jumped Up 0.1%

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For its latest trading sesion, ScanSource, Inc. (NASDAQ:SCSC) spiked up by 0.1% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.009, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.476, an Accumulation/Distribution Index (ADI) of 0.476, an On-Balance Volume (OBV) of 334.193, and a Chaiikin Money Flow (CMF) of 36.78. 1.681

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of ScanSource, Inc. (NASDAQ:SCSC). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.