ScanSource (SCSC, $31.22) entered Downtrend as Momentum indicator drops below 0 level on Apr 21, 2025

#ElectronicsDistributors, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
SCSC - ScanSource
Momentum signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $31.22
Daily change: -$0.52 (-1.64%)
Daily volume: 144.4K
Capitalization: $732.5M
Industry: Electronics Distributors

This indicator may be signaling that SCSC's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 82 similar cases where SCSC's Momentum Indicator fell below the 0 level, and 68 of them led to a successful outcome. Odds of Success: 83%.