(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 2024-02-23 View latest technical analysis
10 day averaged volume of Sonic Automotive is 368500
Date | Daily Closing Price | Open | High | Low | Volume |
23 Fri Feb 2024 | 51.81 | 51.35 | 52.19 | 50.78 | 0.517 times |
22 Thu Feb 2024 | 51.39 | 51.72 | 52.73 | 51.19 | 0.78 times |
21 Wed Feb 2024 | 51.45 | 50.90 | 52.70 | 50.90 | 0.657 times |
20 Tue Feb 2024 | 51.09 | 51.85 | 51.96 | 51.01 | 0.65 times |
16 Fri Feb 2024 | 52.68 | 53.59 | 54.52 | 52.35 | 0.824 times |
15 Thu Feb 2024 | 54.06 | 56.66 | 56.99 | 53.97 | 0.939 times |
14 Wed Feb 2024 | 56.24 | 52.00 | 56.37 | 50.39 | 1.782 times |
13 Tue Feb 2024 | 57.45 | 57.35 | 58.74 | 55.98 | 1.176 times |
12 Mon Feb 2024 | 59.48 | 57.55 | 60.24 | 57.55 | 1.249 times |
09 Fri Feb 2024 | 57.25 | 55.34 | 57.51 | 54.60 | 0.736 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 50.8 as stoploss in an intra day buy trade for a target of 53.28. However, stock will show a bearish move below 50.8.
Share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Target | 41.19 |
Downside Target | 47.09 |
Downside Target | 48.37 |
Upside Target | 52.73 |
Upside Target | 53.35 |
Upside Target | 54.35 |
Upside Target | 56.25 |
Upside 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 | 50.82 |
Downside Intraday Target | 49.82 |
Upside Intraday Target | 52.77 |
Upside Intraday Target | 53.72 |
Downside Intraday Target | 51.77 |
Weekly technical analysis of Sonic Automotive (SAH)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Fri Feb 2024 | 51.81 | 51.85 | 52.73 | 50.78 | 0.436 times |
16 Fri Feb 2024 | 52.68 | 57.55 | 60.24 | 50.39 | 1.875 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 |
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 |
23 Fri Feb 2024 | 51.81 | 50.89 | 60.24 | 49.80 | 1.275 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 neutral. A longer time frame might give a better analysis.
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 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 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 SELL signal for Sonic Automotive in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 55.02 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 neutral. A longer time frame might give a better analysis.
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 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 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 SELL signal for Sonic Automotive in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 55.02 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.