(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 2024-02-13 View latest technical analysis
10 day averaged volume of Sonic Automotive is 222720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 57.45 | 57.35 | 58.74 | 55.98 | 1.945 times |
| 12 Mon Feb 2024 | 59.48 | 57.55 | 60.24 | 57.55 | 2.067 times |
| 09 Fri Feb 2024 | 57.25 | 55.34 | 57.51 | 54.60 | 1.217 times |
| 08 Thu Feb 2024 | 55.20 | 53.21 | 55.46 | 52.68 | 1.999 times |
| 07 Wed Feb 2024 | 53.37 | 52.49 | 53.47 | 52.03 | 0.819 times |
| 06 Tue Feb 2024 | 52.31 | 50.29 | 52.34 | 50.15 | 0.703 times |
| 05 Mon Feb 2024 | 50.66 | 50.18 | 51.40 | 49.80 | 0.528 times |
| 02 Fri Feb 2024 | 51.23 | 50.63 | 51.97 | 50.06 | 0.567 times |
| 01 Thu Feb 2024 | 51.68 | 50.89 | 51.89 | 50.41 | 0.706 times |
| 31 Wed Jan 2024 | 50.56 | 51.76 | 52.70 | 50.20 | 0.956 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.3, for a target of 55.3 or 52.85
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 41.19 |
| Downside Target | 47.09 |
| Downside Target | 48.37 |
| Downside Target | 51.15 |
| Downside Target | 52.19 |
| Downside Target | 53.35 |
| Downside Target | 55.98 |
| Downside Target | 56.25 |
| Downside Target | 57.30 |
| Upside Target | 57.51 |
| Upside Target | 58.69 |
| Upside Target | 60.24 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 55.54 |
| Downside Intraday Target | 53.63 |
| Upside Intraday Target | 59.8 |
| Upside Intraday Target | 62.15 |
| Upside Intraday Target | 57.89 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 57.45 | 57.55 | 60.24 | 55.98 | 0.762 times |
| 09 Fri Feb 2024 | 57.25 | 50.18 | 57.51 | 49.80 | 1.551 times |
| 02 Fri Feb 2024 | 51.23 | 51.56 | 53.35 | 50.06 | 0.84 times |
| 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 |
Price has moved up 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 |
| 13 Tue Feb 2024 | 57.45 | 50.89 | 60.24 | 49.80 | 0.649 times |
| 31 Wed Jan 2024 | 50.56 | 55.62 | 57.30 | 48.91 | 0.748 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term but SELL 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 55.25 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 positive
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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term but SELL 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 55.25 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.