(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 2024-01-26 View latest technical analysis
10 day averaged volume of Sonic Automotive is 173510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 51.72 | 52.74 | 52.89 | 51.63 | 0.567 times |
| 25 Thu Jan 2024 | 52.14 | 51.33 | 52.49 | 50.93 | 1.381 times |
| 24 Wed Jan 2024 | 50.43 | 52.99 | 54.35 | 48.91 | 1.844 times |
| 23 Tue Jan 2024 | 51.93 | 53.69 | 53.99 | 51.78 | 0.651 times |
| 22 Mon Jan 2024 | 52.64 | 51.11 | 52.98 | 51.11 | 0.745 times |
| 19 Fri Jan 2024 | 50.82 | 51.44 | 52.19 | 50.35 | 0.936 times |
| 18 Thu Jan 2024 | 51.30 | 51.51 | 51.51 | 50.57 | 0.621 times |
| 17 Wed Jan 2024 | 50.86 | 49.73 | 50.99 | 49.73 | 0.714 times |
| 16 Tue Jan 2024 | 50.51 | 50.23 | 51.01 | 49.49 | 1.113 times |
| 12 Fri Jan 2024 | 50.66 | 53.32 | 53.34 | 49.97 | 0.998 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.9 as stoploss in an intra day buy trade for a target of 52.71. However, stock will show a bearish move below 50.9.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 41.19 |
| Downside Target | 47.06 |
| Downside Target | 48.37 |
| Downside Target | 51.15 |
| Upside Target | 52.19 |
| Upside Target | 54.16 |
| Upside Target | 54.35 |
| Upside Target | 55.28 |
| Upside Target | 56.25 |
| Upside Target | 57.30 |
| Upside Target | 58.69 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 48.97 |
| Downside Intraday Target | 46.22 |
| Upside Intraday Target | 54.41 |
| Upside Intraday Target | 57.1 |
| Downside Intraday Target | 51.66 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 51.72 | 51.11 | 54.35 | 48.91 | 1.533 times |
| 19 Fri Jan 2024 | 50.82 | 50.23 | 52.19 | 49.49 | 3.392 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 |
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 |
| 26 Fri Jan 2024 | 51.72 | 55.62 | 57.30 | 48.91 | 0.65 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sonic Automotive ( (SAH) ) based on a short 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.
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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a buy signal for Sonic Automotive in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 51.19 and Sonic Automotive (SAH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sonic Automotive ( (SAH) ) based on a short 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.
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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a buy signal for Sonic Automotive in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 51.19 and Sonic Automotive (SAH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.