(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 2024-05-01 View latest technical analysis
10 day averaged volume of Sonic Automotive is 341850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 57.28 | 57.71 | 58.94 | 56.58 | 0.82 times |
| 30 Tue Apr 2024 | 57.84 | 59.33 | 59.33 | 57.67 | 1.092 times |
| 29 Mon Apr 2024 | 60.37 | 62.63 | 63.02 | 60.32 | 1.021 times |
| 26 Fri Apr 2024 | 62.30 | 59.50 | 64.68 | 58.46 | 2.391 times |
| 25 Thu Apr 2024 | 56.67 | 55.43 | 57.75 | 54.25 | 1.755 times |
| 24 Wed Apr 2024 | 51.12 | 50.46 | 51.54 | 50.46 | 0.637 times |
| 23 Tue Apr 2024 | 50.90 | 49.77 | 51.07 | 49.77 | 0.473 times |
| 22 Mon Apr 2024 | 49.36 | 48.95 | 49.63 | 48.61 | 0.933 times |
| 19 Fri Apr 2024 | 48.62 | 47.82 | 49.22 | 47.82 | 0.601 times |
| 18 Thu Apr 2024 | 48.06 | 48.77 | 49.58 | 48.06 | 0.547 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.6, but if it comes below 56.6, then a intra day sell could be more profitable.
If you take a sell trade below 56.6, then use 56.6 as stoploss and 52.62 as target. However if you take a buy trade in stock , then use 56.6 as stoploss and 61.5 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 51.99 |
| Downside Target | 53.75 |
| Downside Target | 56.58 |
| Downside Target | 56.98 |
| Upside Target | 57.30 |
| Upside Target | 57.44 |
| Upside Target | 58.94 |
| Upside Target | 60.24 |
| Upside Target | 63.02 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 54.9 |
| Downside Intraday Target | 52.52 |
| Upside Intraday Target | 61.34 |
| Upside Intraday Target | 65.4 |
| Upside Intraday Target | 58.96 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 57.28 | 62.63 | 63.02 | 56.58 | 0.474 times |
| 26 Fri Apr 2024 | 62.30 | 48.95 | 64.68 | 48.61 | 2.027 times |
| 19 Fri Apr 2024 | 48.62 | 50.37 | 50.62 | 47.82 | 0.846 times |
| 12 Fri Apr 2024 | 49.90 | 53.23 | 53.75 | 49.25 | 1.617 times |
| 05 Fri Apr 2024 | 52.76 | 56.98 | 56.98 | 51.99 | 1.367 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 |
| 01 Wed May 2024 | 57.28 | 57.71 | 58.94 | 56.58 | 0.048 times |
| 30 Tue Apr 2024 | 57.84 | 56.98 | 64.68 | 47.82 | 1.446 times |
| 28 Thu Mar 2024 | 56.94 | 52.29 | 57.44 | 50.82 | 0.718 times |
| 29 Thu Feb 2024 | 52.50 | 50.89 | 60.24 | 49.80 | 1.564 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 and the buying is gaining 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 56.32 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 and the buying is gaining 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 56.32 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.