(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 2024-06-03 View latest technical analysis
10 day averaged volume of Sonic Automotive is 137939
Date | Daily Closing Price | Open | High | Low | Volume |
03 Mon Jun 2024 | 58.12 | 57.21 | 58.60 | 56.82 | 1.114 times |
31 Fri May 2024 | 56.67 | 56.29 | 57.17 | 56.03 | 1.053 times |
30 Thu May 2024 | 55.87 | 55.53 | 56.28 | 55.39 | 1.133 times |
29 Wed May 2024 | 55.03 | 55.43 | 55.76 | 54.58 | 1.184 times |
28 Tue May 2024 | 56.31 | 56.93 | 57.28 | 56.08 | 0.976 times |
24 Fri May 2024 | 56.60 | 56.34 | 56.78 | 55.84 | 0.742 times |
23 Thu May 2024 | 55.92 | 56.90 | 56.90 | 55.25 | 1.438 times |
22 Wed May 2024 | 56.65 | 57.06 | 57.39 | 56.53 | 1.096 times |
21 Tue May 2024 | 57.34 | 57.99 | 58.00 | 57.24 | 0.692 times |
20 Mon May 2024 | 57.55 | 58.89 | 58.89 | 57.55 | 0.902 times |
My analysis of stock is bullish for shortterm, and stock might move up till 58.8 or till 60.3. Use a stoploss of 57.57 and if this stock hits its stoploss, then it can fall down till 56.31
Share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Target | 47.82 |
Downside Target | 49.80 |
Downside Target | 50.82 |
Downside Target | 54.58 |
Upside Target | 58.60 |
Upside Target | 58.89 |
Upside Target | 59.00 |
Upside Target | 60.24 |
Upside Target | 60.59 |
Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Intraday Target | 57.09 |
Downside Intraday Target | 56.07 |
Upside Intraday Target | 58.87 |
Upside Intraday Target | 59.63 |
Downside Intraday Target | 57.85 |
Weekly technical analysis of Sonic Automotive (SAH)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Mon Jun 2024 | 58.12 | 57.21 | 58.60 | 56.82 | 0.256 times |
31 Fri May 2024 | 56.67 | 56.93 | 57.28 | 54.58 | 0.892 times |
24 Fri May 2024 | 56.60 | 58.89 | 58.89 | 55.25 | 0.71 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 |
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 |
03 Mon Jun 2024 | 58.12 | 57.21 | 58.60 | 56.82 | 0.041 times |
31 Fri May 2024 | 56.67 | 57.71 | 60.59 | 54.58 | 0.642 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.
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 green color and prices are above the green cloud Prices appear to be moving up
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 56.53 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.
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 green color and prices are above the green cloud Prices appear to be moving up
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 56.53 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 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.