(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 2024-05-23 View latest technical analysis
10 day averaged volume of Sonic Automotive is 184679
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 55.92 | 56.90 | 56.90 | 55.25 | 1.074 times |
| 22 Wed May 2024 | 56.65 | 57.06 | 57.39 | 56.53 | 0.819 times |
| 21 Tue May 2024 | 57.34 | 57.99 | 58.00 | 57.24 | 0.517 times |
| 20 Mon May 2024 | 57.55 | 58.89 | 58.89 | 57.55 | 0.673 times |
| 17 Fri May 2024 | 58.99 | 59.68 | 59.68 | 58.40 | 0.586 times |
| 16 Thu May 2024 | 59.67 | 59.81 | 59.95 | 58.67 | 0.609 times |
| 15 Wed May 2024 | 59.59 | 59.68 | 59.92 | 58.13 | 0.922 times |
| 14 Tue May 2024 | 59.24 | 58.81 | 60.05 | 58.43 | 1.637 times |
| 13 Mon May 2024 | 58.17 | 58.36 | 60.59 | 58.14 | 1.367 times |
| 10 Fri May 2024 | 58.06 | 58.71 | 59.00 | 56.33 | 1.039 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.7, but if it comes above 56.7, then a intra day buy could be more profitable.
If you take a sell trade below 56.7, then use 56.7 as stoploss and 55 as target. However if you take a buy trade in stock , then use 56.7 as stoploss and 58.2 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 50.82 |
| Downside Target | 55.25 |
| Upside Target | 58.89 |
| Upside Target | 59.00 |
| Upside Target | 60.24 |
| Upside Target | 60.59 |
| Upside Target | 63.02 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 54.48 |
| Downside Intraday Target | 53.05 |
| Upside Intraday Target | 58.12 |
| Upside Intraday Target | 60.33 |
| Upside Intraday Target | 56.69 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 55.92 | 58.89 | 58.89 | 55.25 | 0.602 times |
| 17 Fri May 2024 | 58.99 | 58.36 | 60.59 | 58.13 | 1.029 times |
| 10 Fri May 2024 | 58.06 | 56.75 | 59.00 | 55.90 | 0.676 times |
| 03 Fri May 2024 | 56.43 | 62.63 | 63.02 | 56.35 | 0.643 times |
| 26 Fri Apr 2024 | 62.30 | 48.95 | 64.68 | 48.61 | 2.027 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 Thu May 2024 | 55.92 | 57.71 | 60.59 | 55.25 | 0.523 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 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 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 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 but the sell signal is initial and weak.
Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 58.15 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 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 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 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 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 but the sell signal is initial and weak.
Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 58.15 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.