(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 2024-01-17 View latest technical analysis
10 day averaged volume of Sonic Automotive is 162980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 50.86 | 49.73 | 50.99 | 49.73 | 0.76 times |
| 16 Tue Jan 2024 | 50.51 | 50.23 | 51.01 | 49.49 | 1.185 times |
| 12 Fri Jan 2024 | 50.66 | 53.32 | 53.34 | 49.97 | 1.062 times |
| 12 Fri Jan 2024 | 50.66 | 53.32 | 53.34 | 49.97 | 1.062 times |
| 11 Thu Jan 2024 | 52.88 | 53.53 | 53.70 | 51.83 | 1.504 times |
| 10 Wed Jan 2024 | 54.14 | 54.16 | 54.25 | 53.42 | 0.464 times |
| 09 Tue Jan 2024 | 54.45 | 54.33 | 54.63 | 53.58 | 0.625 times |
| 08 Mon Jan 2024 | 54.90 | 54.04 | 55.28 | 54.00 | 0.724 times |
| 05 Fri Jan 2024 | 54.27 | 53.19 | 54.98 | 53.19 | 0.798 times |
| 04 Thu Jan 2024 | 53.76 | 53.48 | 54.56 | 53.06 | 1.527 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.2, but if it comes above 52.2, then a intra day buy could be more profitable.
If you take a sell trade below 52.2, then use 52.2 as stoploss and 49.3 as target. However if you take a buy trade in stock , then use 52.2 as stoploss and 54.52 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 41.19 |
| Downside Target | 47.06 |
| Downside Target | 48.37 |
| Downside Target | 49.49 |
| Upside Target | 51.01 |
| Upside Target | 53.06 |
| Upside Target | 55.28 |
| Upside Target | 56.14 |
| 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 | 49.9 |
| Downside Intraday Target | 48.93 |
| Upside Intraday Target | 51.42 |
| Upside Intraday Target | 51.97 |
| Downside Intraday Target | 50.45 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 50.86 | 50.23 | 51.01 | 49.49 | 1.832 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sonic Automotive (SAH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 50.86 | 55.62 | 57.30 | 49.49 | 0.408 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sonic Automotive in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sonic Automotive is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.51 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sonic Automotive in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sonic Automotive is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.51 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.