1ST SOURCE CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SRCE
ISIN:

1ST SOURCE CORP. - Daily - Technical analysis published on 11/25/2019 (GMT)

270
0
Who voted?
1

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

44%

17%

39%

My opinion

Bullish above 50.81 USD

My targets

52.21 USD (+1.34%)

53.80 USD (+4.43%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on 1ST SOURCE CORP. as long as the price remains well above 50.81 USD. The buyers” bullish objective is set at 52.21 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 53.80 USD. If there is any crossing, the next objective would be the resistance located at 58.68 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The 1ST SOURCE CORP. rating is 51.52 USD. On the day, this instrument gained +1.46% and was traded between 50.94 USD and 51.73 USD over the period. The price is currently at +1.14% from its lowest and -0.41% from its highest.

50.94

51.73

51.52

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of 1ST SOURCE CORP. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	47.17	48.55	50.81	51.52	52.21	53.80	58.68
Change (%)	-8.44%	-5.76%	-1.38%	-	+1.34%	+4.43%	+13.90%
Change	-4.35	-2.97	-0.71	-	+0.69	+2.28	+7.16
Level	Major	Major	Intermediate	-	Major	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.27	50.50	50.64	50.87	51.01	51.24	51.38
Camarilla	50.68	50.71	50.75	50.78	50.81	50.85	50.88
Woodie	50.23	50.48	50.60	50.85	50.97	51.22	51.34
Fibonacci	50.50	50.64	50.73	50.87	51.01	51.10	51.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	49.27	49.84	50.31	50.88	51.35	51.92	52.39
Camarilla	50.49	50.59	50.69	50.78	50.88	50.97	51.07
Woodie	49.22	49.82	50.26	50.86	51.30	51.90	52.34
Fibonacci	49.84	50.24	50.48	50.88	51.28	51.52	51.92

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.34	41.10	45.99	48.76	53.65	56.41	61.30
Camarilla	48.78	49.48	50.18	50.88	51.59	52.29	52.99
Woodie	39.40	41.63	47.06	49.29	54.71	56.94	62.37
Fibonacci	41.10	44.03	45.83	48.76	51.68	53.49	56.41

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.76
MACD (12,26,9):	0.6600
Directional Movement:	8.49
AROON (14):	-35.71
DEMA (21):	51.85
Parabolic SAR (0,02-0,02-0,2):	52.21
Elder Ray (13):	0.18
Super Trend (3,10):	49.45
Zig ZAG (10):	51.49
VORTEX (21):	1.0000
Stochastique (14,3,5):	28.66
TEMA (21):	51.49
Williams %R (14):	-54.09
Chande Momentum Oscillator (20):	-0.32
Repulse (5,40,3):	0.7800
ROCnROLL:	1
TRIX (15,9):	0.2800
Courbe Coppock:	1.85

MA7:	51.05
MA20:	51.35
MA50:	48.56
MA100:	46.63
MAexp7:	51.13
MAexp20:	50.79
MAexp50:	49.14
MAexp100:	47.60
Price / MA7:	+0.92%
Price / MA20:	+0.33%
Price / MA50:	+6.10%
Price / MA100:	+10.49%
Price / MAexp7:	+0.76%
Price / MAexp20:	+1.44%
Price / MAexp50:	+4.84%
Price / MAexp100:	+8.24%

News

The latest news and videos published on 1ST SOURCE CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15930

Number of analyses :

97226

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…