1st Source Stock Pattern Recognition Engulfing Pattern
| SRCE Stock | USD 67.78 -0.05 -0.07% |
| Symbol |
Recognition |
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of three valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes 1st Source bullish reversal pattern.
1st Source Technical Analysis Modules
Most technical analysis of 1st Source help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for 1st from various momentum indicators to cycle indicators. When you analyze 1st charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Stock Overview, Methodology & Data Sources
1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. As of December 31, 2021, the company operated through 79 banking centers in 18 counties in Indiana and Michigan, as well as Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana. 1st Source operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1130 people. A high-level view of 1st Source emphasizes earnings durability, balance-sheet flexibility, and competitive positioning. Current metrics include P/E of 15.73, P/B of 1.29, profit margin of 37.58%. 1st Source has a market cap of 1.66 B, P/E of 15.73, ROE of 12.66%.
Methodology
Unless otherwise specified, financial data for 1st Source is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. 1st (USA Stocks:SRCE) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: We use public filings and market reference sources with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Analyst Sources
1st Source is covered by 3 analysts. 1 analyst has submitted revenue and/or earnings estimates that may be incorporated into Macroaxis consensus inputs where available. Representative analyst firms may include Stifel, Barclays, Morgan Stanley, Wells Fargo Securities, Evercore ISI, among others. Updates may occur throughout the day.
This content is curated and reviewed by:
Gabriel Shpitalnik - Member of Macroaxis Editorial BoardLearn to be your own money manager
Tracking 1st Source inside a portfolio is useful because individual winners can still weaken diversification or distort overall risk targets. A disciplined tracking process turns performance data into better decisions instead of more noise.
Did you try this?
Run Bonds Directory Now
Bonds DirectoryFind actively traded corporate debentures issued by US companies |
| All Next | Launch Module |
1st Source pair trading
Pair trading with 1st Source can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
1st Source Pair Trading
1st Source Pair Trading Analysis
Correlation analysis helps investors find suitable substitutes for 1st Source during tax-loss harvesting periods. Selling 1st Source at a loss and immediately repurchasing it would violate IRS wash-sale rules, so a correlated replacement asset is required to maintain portfolio.
Measuring the statistical correlation of 1st Source against other instruments helps investors understand portfolio diversification. A correlation near zero implies that 1st Source provides genuine diversification benefits, while high positive correlations suggest redundant exposures.
Correlation analysis and pair trading evaluation for 1st Source can be used to frame hedging context. The context can be applied within sectors, industries, or broader universes.More Resources for 1st Stock Analysis
A structured review of 1st Source often starts with core financial statements and trend context. Financial ratios provide context for profitability, efficiency, and growth trends. Below are reports that help frame 1st Source Stock in context:1st Source has a market cap of 1.66 B, operating margin of 49.97%, ROE of 12.66%. Use World Market Map to explore allocation context. This includes a position in 1st Source across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy 1st Stock please use our How to Buy 1st Stock guide.Analysis related to 1st Source should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Quarterly Earnings Growth 0.315 | Dividend Share 1.56 | Earnings Share 6.41 | Revenue Per Share | Quarterly Revenue Growth 0.168 |
The market value of 1st Source is measured differently than book value, which reflects 1st accounting equity. 1st Source's market capitalization is 1.66 B. A P/B ratio of 1.29 indicates the market values 1st Source above its accounting book value. Enterprise value stands at 1.9 B. The intrinsic value concept focuses on underlying worth, which can diverge from market price and book value. Valuation work aligns these measures into a single context.
Note that 1st Source's intrinsic value and market price are different measures derived from different inputs. For 1st Source, key inputs include a P/E ratio of 15.73, a P/B ratio of 1.29, a profit margin of 37.58%, and ROE of 12.66%. Trading price represents the transaction level agreed by market participants.