(SAH) Sonic Automotive complete technical analysis [charts+indicators] | Buy/Sell Sonic Automotive | (SAH) share price targets
Complete technical analysis of Sonic Automotive (SAH) by charts plus indicators, forecast predictions and share price targets for Sonic Automotive (SAH)
Sonic Automotive trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-01-12 View latest technical analysis
10 day averaged volume of Sonic Automotive is 164080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jan 2024 | 50.66 | 53.32 | 53.34 | 49.97 | 1.055 times |
| 12 Fri Jan 2024 | 50.66 | 53.32 | 53.34 | 49.97 | 1.055 times |
| 11 Thu Jan 2024 | 52.88 | 53.53 | 53.70 | 51.83 | 1.494 times |
| 10 Wed Jan 2024 | 54.14 | 54.16 | 54.25 | 53.42 | 0.461 times |
| 09 Tue Jan 2024 | 54.45 | 54.33 | 54.63 | 53.58 | 0.62 times |
| 08 Mon Jan 2024 | 54.90 | 54.04 | 55.28 | 54.00 | 0.719 times |
| 05 Fri Jan 2024 | 54.27 | 53.19 | 54.98 | 53.19 | 0.793 times |
| 04 Thu Jan 2024 | 53.76 | 53.48 | 54.56 | 53.06 | 1.517 times |
| 03 Wed Jan 2024 | 53.77 | 55.27 | 55.43 | 53.58 | 1.041 times |
| 02 Tue Jan 2024 | 56.13 | 55.62 | 57.30 | 55.62 | 1.352 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 50.6, for a target of 53 or 55.02
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 41.19 |
| Downside Target | 47.06 |
| Downside Target | 48.37 |
| Downside Target | 49.97 |
| Upside Target | 51.15 |
| Upside Target | 53.06 |
| Upside Target | 55.28 |
| Upside Target | 56.25 |
| Upside Target | 57.30 |
| Upside Target | 57.96 |
| Upside Target | 58.69 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 49.31 |
| Downside Intraday Target | 47.95 |
| Upside Intraday Target | 52.68 |
| Upside Intraday Target | 54.69 |
| Upside Intraday Target | 51.32 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jan 2024 | 50.66 | 53.32 | 53.34 | 49.97 | 0.243 times |
| 12 Fri Jan 2024 | 50.66 | 54.04 | 55.28 | 49.97 | 0.925 times |
| 05 Fri Jan 2024 | 54.27 | 55.62 | 57.30 | 53.06 | 4.966 times |
| 29 Fri Dec 2023 | 56.21 | 57.61 | 57.96 | 56.14 | 0.261 times |
| 29 Fri Dec 2023 | 56.21 | 56.68 | 58.69 | 55.86 | 0.638 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Sonic Automotive (SAH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Jan 2024 | 50.66 | 55.62 | 57.30 | 49.97 | 0.343 times |
| 29 Fri Dec 2023 | 56.21 | 51.20 | 58.69 | 48.37 | 0.987 times |
| 30 Thu Nov 2023 | 51.27 | 48.14 | 56.25 | 47.09 | 0.689 times |
| 31 Tue Oct 2023 | 47.85 | 47.85 | 51.15 | 41.19 | 1.237 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Sonic Automotive (SAH)
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell signal is strong.
Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sonic Automotive is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.48 and Sonic Automotive (SAH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.
Sonic Automotive Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell signal is strong.
Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sonic Automotive is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.48 and Sonic Automotive (SAH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.
Sonic Automotive Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.