SRCE Forecast and Technical Stock AnalysisSell candidate since 2019-07-15 Loss -0.33%
1st Source Corporation gained 0.81% in the last trading day ( Friday, 19th Jul 2019 ), rising from $44.48 to $44.84 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 2.34% from a day low at $44.03 to a day high of $45.06. The price has been going up and down for this period, and there has been a -3.88% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 18 073 more shares were traded than the day before. In total, 43 150 shares bought and sold for approximately $1.93 million.
- 30 day high of the SRCE stock price was $47.20 and low was $43.54.
- 90 day high was $48.67 and low was $43.34.
- 52 week high for the 1st Source Corporation - $59.33 and low - $38.44.
1st Source Corporation lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.92% during the next 3 months and, with 90% probability hold a price between $41.06 and $45.07 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday July 17, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. 1st Source Corporation holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $44.87 and $45.09. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 38 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
1st Source Corporation finds support from accumulated volume at $44.72.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.03 (2.34%) between high and low. For the last week, the stock has had a daily average volatility of 1.79%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
1.79 %Average volatility
Very Low Low Medium High Very High
|SRCE $44.84 ($0.36 0.81%)|
SRCE is up $0.36 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for SRCE based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the SRCE analysis is free »
|Golden Star Signal|
Get competitive edge
The signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now